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Nayms
Nayms is a regulated marketplace for on-chain insurance that has rebranded to OnRe. The platform connects the insurance industry with tokenized real-world assets, allowing for the creation of digital carriers, access to alternative capital, and crypto-native captives.
Hamilton, BM
Description
Nayms is a regulated marketplace for on-chain insurance where the general insurance industry meets tokenized real-world assets. It provides a single digital space for the creation of insurance programs, raising and trading capital, writing risk, and managing payment rails for premium and claim transactions. The platform enables users to capitalize an on-chain balance sheet in a chosen cryptocurrency, access new sources of capital through tokenization, and set up crypto-native captives for self-insurance. Nayms operates within a compliant environment, licensed by the Bermuda Monetary Authority for both digital asset business (DABA Class F) and insurance (IIGB). The company has announced a rebrand to OnRe.Grant Funding
VC Funding
None
2021
$0
$8M