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Avalanche: Re to launch tokenized reinsurance fund through Avalanche

CointimeCointime2024/06/06 05:58
By:Cointime

Avalanche posted on X platform, stating that reinsurance is the cornerstone of today's financial market, with annual premiums approaching $1 trillion. However, for many investors, reinsurance is inefficient and difficult to obtain. Re hopes to change this situation by launching its first tokenized reinsurance fund on Avalanche.

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