Oxbridge Re is betting that cross-chain interoperability can solve one of the biggest obstacles facing tokenized financial products: fragmented liquidity across isolated blockchain networks.
The firm and its subsidiary SurancePlus have integrated with LayerZero, an interoperability protocol spanning more than 160 blockchains, to distribute their tokenized reinsurance offerings beyond the Solana network where they are currently listed through the Alphaledger platform.
Without such a bridge, only investors already operating on Solana could access the tokens. The LayerZero integration is designed to open the door to participants on Ethereum, Polygon, Arbitrum, and dozens of other networks.
It is a problem the industry is taking seriously. The DTCC, Euroclear, and Clearstream warned in a recent white paper that tokenized securities will not scale without robust interoperability between blockchains and traditional market infrastructure.
The Financial Stability Board raised similar concerns in an October 2024 report. One industry estimate puts the annual cost of blockchain liquidity fragmentation at $1.3 billion.
SurancePlus offers two investment strategies targeting annual returns of roughly 20% and 42%, generated through fully collateralized property catastrophe reinsurance contracts digitized as tokenized real-world assets. Both provide monthly distributions.
The figures are eye-catching, but the risk is real. This is Oxbridge Re's third year of tokenized reinsurance issuance. Its debut offering in 2023 raised $2.4 million and delivered a 49% return.
The 2024 vintage raised $2.88 million but was hit with a full limit loss of $2.3 million from Hurricane Milton. Total capital raised across all three programs stands at roughly $9 million.
The current tokens are listed on Alphaledger using Solana, a shift from the Midnight blockchain used in its June 2025 offering. The subscription window is expected to close March 31.
Oxbridge Re says the structure democratizes access to a reinsurance strategy historically reserved for institutional and ultra-high-net-worth investors. Jay Madhu, chairman and CEO, described the LayerZero partnership as broadening access to "an asset class that is uncorrelated to traditional capital markets."
The pitch is not unique. The broader insurance-linked securities market makes a similar case and has been scaling rapidly through conventional channels. Gallagher Re data shows cat bond and ILS issuance reached $25.6 billion in 2025, with outstanding market size climbing to $61.3 billion.
Pension funds, sovereign wealth funds, and family offices have all entered the space. Brookmont Capital Management launched an ILS exchange-traded fund in early 2025, arguing the market had matured enough for the wider investing public.
