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Infineo tokenizes 125 million USD life insurance policy, plans to establish secondary market
Blockchain startup Infineo has successfully tokenized $125 million worth of life insurance policies on the Provenance blockchain, just three months after launch. The move is designed to ensure beneficiaries are notified in a timely manner when the policyholder dies. In the future, Infineo plans to launch a secondary market and allow loans to be made using life insurance policies as collateral. At present, policyholders can upload their policies to the Infineo platform and add the beneficiary's c...
2024-09-10 06:53:41
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