Re, a decentralized reinsurance infrastructure platform, has expanded its offerings on Avalanche with two new onchain yield products, reUSD (Basis-Plus) and reUSDe (Insurance Alpha), and the launch of the Re Points Program.
The move is part of the company’s effort to link global capital markets with blockchain technology that provides speed, transparency, and interoperability.
Re was launched with early backing from investors including Nexus Mutual and Electric Capital, positioning itself as a decentralized counterpart to traditional reinsurance marketplaces like Lloyd’s of London.
Its initial funding and structural model were designed to address inefficiencies in the reinsurance sector by bringing greater transparency and automation to underwriting and claims through blockchain-based systems.
The reUSD (Basis-Plus) token generates yield from US Treasury bills and delta-neutral ETH basis strategies. It includes Curve liquidity, planned direct redemptions, and is insulated from insurance risk.
Meanwhile, the reUSDe (Insurance Alpha) token is backed by fully collateralized underwriting of US insurance lines, including homeowners, auto, and workers’ compensation, with onchain tracking and built-in liquidity features.
Since its inception, Re has underwritten approximately US168 million in coverage and has stated a target to grow that figure to US$250 million by the end of the year.
Re’s chief executive officer, Karn Saroya (pictured above), said institutional blockchain capital is seeking transparent and sustainable yield sources, and that reinsurance offers a notable opportunity within decentralized finance.
“By launching on Avalanche, we can deliver real-world returns with onchain speed, composability, and compliance. The Re Points Program gives early participants an additional way to share in the upside of this new financial infrastructure,” Saroya said.
The launch of these products aligns with a broader trend in tokenized reinsurance and real-world asset (RWA) strategies.
Industry analysts project that the global reinsurance sector – already valued at more than US$784 billion – could surpass US$2 trillion within the next decade, with blockchain-based solutions expected to play an increasing role in market expansion and capital diversification.
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