Re receives $15 million grant from Nexus Mutual to launch first open-ended reinsurance fund

Odaily News Tokenized reinsurance RWA platform Re launched its first open reinsurance fund. The fund's first investors include crypto insurance alternative provider Nexus Mutual, which allocated $15 million; and Ava Labs' Vista Fund (Avalanche's ecosystem development organization) focused on RWA. The specific amount of the allocation has not been disclosed, but it is not large. (Coindesk)