Registry · Grade B
On Re SAC Ltd is a Bermuda segregated-accounts reinsurer. The token is the reinsurance exposure.
AUM, holders, and monthly transfer volume are the platform figures as of 2026-10-25. Platform page
ONyc is a proportional claim on a Bermuda ring-fenced account that collateralizes property-and-casualty reinsurance.
OnRe says global minting needs no onboarding. The token transfers on Solana. Direct redemption with the issuer is 25 bps and can require KYC.
The NAV moves with premiums collected and claims paid, plus returns on the collateral. It is not a stock dividend and not a T-bill coupon.
| Instrument | Underlying | Kind | Chain | AUM |
|---|---|---|---|---|
ONYC ONYC Tokenized fund | OnRe Tokenized Reinsurance ONYC | Reinsurance | Solana | $282.6m |