Oxbridge / SurancePlus Announces Partnership with Midnight Foundation to Launch Privacy-Enabled Tokenized Reinsurance Offering on the Midnight Network
- Partnership with Midnight Foundation provides advanced privacy technology for tokenized reinsurance offerings
- Integration with Midnight's zero-knowledge architecture enables regulatory compliance while maintaining transaction privacy
- Strategic positioning in the growing market for privacy-enabled real-world asset tokenization
- Backing from established blockchain infrastructure providers (Input Output Global/Cardano creators)
- No immediate revenue impact disclosed from the partnership
- Implementation timeline and specific financial terms not provided
- Regulatory uncertainties around tokenized securities and privacy features
Insights
Oxbridge's partnership with Midnight brings privacy-focused blockchain to reinsurance tokenization, potentially expanding institutional investor access.
Oxbridge Re's partnership with the Midnight Foundation represents a significant technological advancement in the tokenized reinsurance space. The integration with Midnight's privacy-focused blockchain addresses a critical challenge in bringing regulated financial products on-chain: balancing transparency with confidentiality. Midnight's zero-knowledge proof architecture enables selective disclosure of sensitive data—a crucial feature for institutional investors operating in heavily regulated environments.
The technical architecture behind this partnership is particularly noteworthy. Built by Shielded Technologies (a subsidiary of Input Output Global, which developed Cardano), Midnight offers programmable privacy that allows for verification without exposing underlying data. This capability is essential for reinsurance securities that require both regulatory compliance and investor confidentiality. The integration enables SurancePlus to conduct private investor onboarding, confidential transaction handling, and secure audits—all while maintaining regulatory compliance.
From a market positioning perspective, this partnership places Oxbridge's SurancePlus at the technological forefront of Real-World Asset (RWA) tokenization. The ability to offer privacy-enabled financial instruments may create a competitive advantage when attracting institutional capital, particularly from investors concerned about transaction confidentiality. The multi-chain approach mentioned suggests Midnight will complement rather than replace existing blockchain infrastructure, providing optionality for different privacy requirements.
This partnership marks a strategic evolution in Oxbridge Re's business model, expanding beyond traditional reinsurance into the growing tokenized Real-World Asset (RWA) space. Oxbridge is positioning SurancePlus as an institutional bridge between reinsurance markets and blockchain technology, targeting qualified investors seeking high-yield opportunities with enhanced privacy features.
The collaboration addresses a significant barrier to institutional adoption of tokenized assets: the tension between blockchain's inherent transparency and the confidentiality requirements of regulated financial transactions. By implementing Midnight's zero-knowledge architecture, Oxbridge can potentially offer privacy-compliant investment vehicles that satisfy both regulatory reporting requirements and institutional investors' confidentiality needs.
From a business development perspective, this partnership potentially expands Oxbridge's addressable market by making their tokenized reinsurance securities more attractive to privacy-conscious institutional investors. The company's existing regulatory foundation as a Nasdaq-listed entity combined with Midnight's privacy capabilities creates a differentiated offering in the RWA tokenization space.
While financial details of the partnership weren't disclosed, this technology integration could enhance Oxbridge's competitive positioning in the emerging tokenized reinsurance market. The ability to offer confidential, compliant financial instruments represents a potential value-add for institutional investors navigating the intersection of traditional finance and blockchain technology.
GRAND CAYMAN, Cayman Islands, June 16, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States.
Today, the company has announced a strategic partnership with the Midnight Foundation, the organization supporting ecosystem growth and enterprise adoption for the Midnight network - a privacy-focused blockchain built by Shielded Technologies, a subsidiary of Input Output Global (IOG), the firm behind Cardano.
Midnight is a data protection blockchain pioneering the use of zero-knowledge (ZK) proofs to enable programmable privacy. It empowers organizations to selectively disclose sensitive data while remaining compliant with regulatory frameworks—unlocking a new wave of real-world blockchain applications.
As part of this partnership, Midnight Foundation has empowered SurancePlus to bring tokenized reinsurance securities and its growing network of institutional investors to the Midnight blockchain, positioning SurancePlus at the forefront of next-generation high-yield, confidential RWAs.
SurancePlus will integrate Midnight as one of its partnered blockchain networks to deliver privacy-first RWA tokenization tailored to regulated institutions and qualified investors. The partnership represents a major evolution in blockchain-based reinsurance finance by combining audit-grade transparency with programmable privacy to enable secure, scalable capital flows.
Jay Madhu, CEO of Oxbridge, stated: "This partnership with Midnight represents a forward leap in how privacy, compliance, and real-world assets can intersect. This joint offering will combine the strong regulatory foundation of a Nasdaq-listed company with the transactional privacy many investors are seeking."
Fahmi Syed, President of Midnight Foundation added: "We are excited to welcome SurancePlus to the Midnight ecosystem. Their leadership and vision in tokenized reinsurance aligns perfectly with Midnight’s mission to enable private, compliant, real-world applications of blockchain technology. Together, we are enabling the future of confidential financial instruments."
Why This Collaboration Matters
This partnership marks a significant step forward for both the tokenized RWA and privacy infrastructure spaces. It demonstrates how institutional-grade financial products can be brought on-chain in a way that balances transparency with confidentiality, creating a new standard for compliant decentralized finance.
- Key Pillars of the Collaboration Include Shared Commitment to Rational Privacy: Both SurancePlus and Midnight are aligned in enabling institutional access to high-yield digital assets while embedding privacy and compliance into the foundation of their technology. Midnight’s zero-knowledge architecture allows data to be validated without being revealed - enabling secure audits, confidential transaction handling, and private investor onboarding.
- Engineered by Leaders in Blockchain Infrastructure: Developed by Shielded Technologies and founded by Input | Output, the creators of Cardano, Midnight is designed to meet the needs of enterprises, regulators, and developers seeking privacy without sacrificing usability or interoperability.
- Built for Selective Disclosure and Multi-Chain Reach: Midnight supports programmable privacy, shielded metadata, and cross-chain functionality—making it possible to tokenize and trade real-world assets with discretion and control.
This partnership advances SurancePlus’ strategy to offer fully collateralized, high-yield digital reinsurance securities to qualified U.S. and international investors, with enhanced privacy capabilities. By integrating with Midnight’s zero-knowledge architecture, SurancePlus is positioned to meet regulatory and institutional reporting requirements while incorporating features that promote transactional confidentiality.
Disclaimer: This press release does not constitute an offer to sell nor a solicitation of an offer to buy the EtaCat Re or ZetaCat Re tokenized reinsurance securities (the “Securities”). The Securities are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and SEC Rule 506(c) thereunder. Offers and sales of the Securities are made only by, and pursuant to, the terms set forth in the Confidential Private Placement Memorandum relating to the Securities. The offering of the Securities is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.
About Oxbridge Re Holdings Limited
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.
Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
jmadhu@oxbridgere.com
About Midnight
The Midnight Foundation is an organization dedicated to advancing the development, adoption, and real-world impact of the Midnight network, the privacy enhancing blockchain project developed by Shielded Technologies. Designed for confidential smart contracts, Midnight enables censorship-resistant yet compliant decentralized applications. It leverages zero-knowledge proofs and a cooperative tokenomics architecture - with NIGHT as the utility-token and DUST as the shielded transaction resource - to deliver a powerful combination of privacy, security, and decentralization.
For more information, visit: https://midnight.foundation
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2024 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.
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