OnRe operates as a regulated on-chain reinsurer and issues ONyc, a token designed to provide exposure to a diversified portfolio of reinsurance risks. ONyc is integrated with major DeFi protocols on the Solana blockchain and can be used as collateral for loans and in yield strategies. The company recently closed a $5 million Series A and has a planned up-to-$25 million token investment from Forward Industries. The articles do not disclose revenue, user metrics, founding year, or location. OnRe's strategy emphasizes combining regulated reinsurance exposure with DeFi composability via Solana integrations.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

May 2026