OnRe Finance Completes $5M Funding Round; Forward Plans $25M ONyc Token Deployment

According to ChainCatcher, OnRe Finance completed a $5 million funding round led by Forward and Rockaway. The capital will accelerate the Solana-based reinsurance protocol's development.

Forward plans to deploy up to $25 million toward OnRe's ONyc token to gain exposure to tokenized reinsurance yields.

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