Chainlinkwelcomed OnRe, the world’s first onchain reinsurance platform, as the latest integration using its Onchain NAV solution. This partnership marks a pivotal step in bringing the $750 billion global reinsurance market to blockchain.
By publishing real-time NAV (Net Asset Value) data for ONyc—the yield-bearing token issued by OnRe—investors can now access transparent, tamper-proof valuations anchored in real-world economic activity.
Built on Solana, this integration enables institutional-grade DeFi products to connect with stablecoin-backed reinsurance structures, and brings transparency to one of the most opaque corners of traditional finance.
Bridging Reinsurance and Blockchain with Onchain NAV
OnRe aims to unlock reinsurance, a traditionally closed and illiquid asset class, by bringing it into the onchain financial ecosystem. By using Chainlink’s Onchain NAV tool, OnRe is now able to broadcast the daily valuation of ONyc on Solana, giving DeFi protocols, investors, and aggregators instant access to trustworthy data.
NAV serves as the financial anchor in reinsurance deals. It reflects the real-time value of structured products backed by stablecoins, tokenized treasuries, and reinsurance premiums. Making NAV data verifiable and accessible onchain improves capital efficiency, supports secondary market liquidity, and unlocks new forms of collateralization.
“Bringing NAV data onchain brings institutional DeFi-grade transparency and secure cross-chain transfers to one of the world’s most opaque asset classes,” said OnRe CTO Ted Georgas.
$15M TVL Brought to DeFi With Chainlink’s Infrastructure
With over $15 million in Total Value Locked (TVL), OnRe’s structured products are now available to plug directly into DeFi ecosystems, powered by Chainlink’s oracle network. This opens the door for lending markets, vault protocols, and yield aggregators to integrate tokenized reinsurance products seamlessly.
ONyc isn’t just a yield coin but also a composite asset drawing value from multiple sources: real-world reinsurance premiums, tokenized treasuries, and crypto-native yield. That makes it naturally uncorrelated with broader crypto market cycles.
Per reports, Chainlink’s reputation for reliability—having secured over $22 trillion in transaction value across $75B in DeFi TVL—was a key factor in OnRe’s selection process.
Why Real-Time NAV on Solana Matters
Onchain NAV transforms static documents into live financial instruments. This shift turns a once-inaccessible dataset into a streaming price signal that can drive decision-making across automated smart contracts. On Solana, where high-throughput infrastructure meets low-latency design, this integration becomes even more powerful.
The daily NAV publication now acts as a pricing oracle, allowing smart contracts to accurately assess the value of reinsurance-backed assets. This unlocks a wide range of DeFi integrations—from automated rebalancing to real-time risk assessments—without manual oversight.
With NAV made trustless and composable, developers can build reinsurance-backed structured products that mirror real-world economic cycles—all while staying onchain.
This move also introduces a novel use case for stablecoins in regulated environments. By tying NAV data to stablecoin collateral, OnRe has created a model where stablecoins can serve as secure funding instruments for capital-intensive industries like insurance.
Chainlink’s DeFi Infrastructure Push Gathers Pace
The OnRe announcement follows a series of rapid-fire integrations by Chainlink. Earlier this month, Katanajoined the Chainlink SCALE program, gaining access to sub-second data feeds, cross-chain messaging, and secure oracles.
Likewise, Botanix, a Bitcoin-based Layer 2 network, went live with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Data Streams on launch day.
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