Catenaa, Sunday, October 12, 2025- Onchain asset manager OnRe has unveiled a new permissionless channel providing global access to its reinsurance-linked yield token, ONyc.
The new permissionless flow is operated by On Technologies Corporation, an independent entity, and availability remains subject to jurisdictional restrictions.
The independent channel allows DeFi users to participate directly in structured reinsurance yield, a market traditionally restricted to institutional investors.
During the first week of the channel’s soft launch, over $1 million in ONyc was acquired, signaling early
adoption among decentralized finance participants.
The channel supports self-custodied wallets and decentralized workflows, offering a pathway to a $1.2 trillion reinsurance market. OnRe’s dual-pathway model complements its regulated business while opening previously inaccessible yield opportunities to the DeFi community.
To mark the launch, OnRe introduced a two-week points campaign through October 16. Early participants on October 1 receive a 10x multiplier, with a 3x multiplier applied for acquisitions through October 16.
Rewards are issued after a 14-day holding period, creating incentives for sustained engagement with ONyc.
OnRe positions itself as a bridge between traditional finance and DeFi, enabling access to institutional-grade returns on-chain.
The firm’s flagship token, ONyc, is a multi-collateral yielding dollar asset backed by reinsurance premiums. It provides liquid, composable, and uncorrelated returns designed to attract both retail and institutional DeFi participants.
