Oxbridge Re Holdings Limited and its subsidiary SurancePlus have partnered with HCI Group to issue three tokenized reinsurance securities on the Solana blockchain. These securities offer synthetic returns tied to Fortex Re's 2026-2027 reinsurance contracts, with targeted annual returns ranging from 19% to 243%. This initiative democratizes access to reinsurance investments, traditionally limited to institutional players, by allowing qualified investors to participate with minimum investments around $5,000. The move leverages blockchain technology to increase transparency and efficiency in the insurance-linked investment market, potentially expanding capital sources for reinsurance.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
