Harneys and dropRWA Plan Tokenized Catastrophe Bonds for Early 2027
Harneys and dropRWA plan to issue tokenized catastrophe bonds in early 2027 to target uninsured disaster losses. According to NS3.AI, each token will represent legal ownership of the catastrophe bond, and smaller ownership units could broaden investor access while the bonds remain subject to securities, insurance, and investor-protection rules. Natural disasters caused $220 billion in economic losses last year, with insurance covering only $107 billion, according to Swiss Re.
Harneys and dropRWA plan to issue tokenized catastrophe bonds in early 2027 to target uninsured disaster losses. According to NS3.AI, each token will represent legal ownership of the catastrophe bond, and smaller ownership units could broaden investor access while the bonds remain subject to securities, insurance, and investor-protection rules. Natural disasters caused $220 billion in economic losses last year, with insurance covering only $107 billion, according to Swiss Re.