@Ismiles29 This growth is a testament of the indepth work the team has put into it.
I must say I am very bullish on OnRe! They've got the long term under control already.
This is a solid, green OnRe report card for May if you did ask me!
OnRe is clearly one of the more legitimate and growing RWA projects right now.
They’ve grown from ~$140M to $186M AUM in two months which is impressive imo.
Maintaining quality underwriting while scaling is more important than raw speed.
Watch Points for Next Month:
• Will utilization recover above 80–85%?
• Can they keep AUM growth above 25% monthly?
• Any major claims that could impact NAV?
I’m still very bullish on OnRe long-term
they’re building something real and not the most explosive month but very healthy progress.
Have a great weekend guys 🤝
@holyemmyjoe@JAMBHQ Why are you thinking this way, you can saved any number as 55019 and have them send that result.
From the first one she had 98 in English which is so rare that I will call it impossible. And you can't score that low in math and get a high score in physics. It's just common sense
@developermide@UtchayMillion@smartnakamoura@brain_okoli The replies here just shows the nature of Nigerians.
Obviously Jim didn't give him the money for free, there will be conditions and if he doesn't have the skill to use it well moniepoint won't be where it is today.
What stands out to me is that institutions have always wanted access to this market, but the barriers have kept most people on the sidelines.
That’s why bringing reinsurance onchain is interesting. It opens up a part of the market that was never really accessible before.
I’m sure you’ve heard the news… and yeah, it’s exciting.
OnRe announces $5 million Series A, co-led by @FWDind and @Rockaway_X. co, with up to $25M in additional deployment from Forward.
This marks @onrefinance moving into its scaling phase as a capital partner to the global
reinsurance market.
The focus here is clear:
~ expanding underwriting capacity
~ strengthening infrastructure
~ deepening integration across onchain markets
Since launch, OnRe has grown to $165M+ in AUM, driven by demand for risk adjusted, uncorrelated yield.
As capital flows more between traditional and onchain markets, that demand is only accelerating.