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Forward Industries, RockawayX Back OnRe With $5M Series A to Build Reinsurance on Solana
Forward Industries and RockawayX co-led OnRe’s $5 million Series A round to build reinsurance infrastructure on the Solana blockchain. Forward also plans to allocate up to $25 million into OnRe’s yield-bearing token on Solana. The company said the funding will help expand the platform and attract more institutional participants to onchain reinsurance.