Plume Vaults Expanded Tokenized Reinsurance Access
The firm launched nONYC to bring reinsurance-backed assets to Ethereum and Monad networks.
Updated on Oct. 13, 2026 in Financial Services
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Plume Vaults has introduced nONYC, a new version of its tokenized reinsurance asset, to broaden reach beyond its original Solana deployment. This expansion allows the asset to operate on Ethereum-compatible networks like Monad.
Why it matters
The move aims to make reinsurance-linked yields more accessible across multiple blockchain ecosystems. It eliminates the need for developers to build separate infrastructure for each individual network when integrating these assets.
Plume Vaults has reached $200 million in total value locked. The original ONyc asset currently has over $225 million deployed across various Solana DeFi protocols.
The players
Plume Vaults
This infrastructure provider specializes in packaging institutional financial assets for distribution across various blockchain networks.
OnRe
This organization provides the reinsurance-backed tokenized assets that serve as the foundation for the nONYC product.
The details
Plume Vaults uses standardized infrastructure to package institutional financial assets for cross-chain distribution. The nONYC token specifically derives its yields from underlying insurance underwriting premiums and collateral.
Timeline
Plume Vaults announced the launch of nONYC on October 13, 2026.
Market Landscape
The launch of nONYC follows the existing deployment of the ONyc reinsurance-backed tokenized asset on Solana. By expanding to Ethereum and Monad, the firm positions itself to capture liquidity across the fragmented multi-chain environment.
Investors and DeFi participants can now access reinsurance-backed yields directly on Ethereum and Monad networks. This expansion simplifies the process of integrating institutional-grade financial products into existing blockchain-based portfolios.
The takeaway
Tokenized reinsurance provides a way for digital asset holders to earn yields tied to real-world underwriting premiums. Investors should carefully evaluate the underlying collateral structures when allocating capital to these cross-chain financial products.
Further reading
Learn more about the latest trends in Financial Services.
Source note: This article includes information reported by Crypto Economy.
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