Decentralized Reinsurance Protocol Re Launches Re Points
Foresight News reports that Re, a decentralized reinsurance protocol built on Avalanche, has announced the launch of Re Points, which provide users' assets with stability and future resilience. Users can hold reUSD or reUSDe and accumulate points daily.
As previously reported by Foresight News, Re completed a $14 million seed round at the end of 2022 and raised an additional $7 million in May 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI trading rebounds; storage chip and optical communication stocks rise broadly in U.S. pre-market, CoreWeave surges 17%, oil prices stabilize.
Before the US stock market opened, CoreWeave rose about 17% as its Q3 revenue exceeded expectations and the company raised its annual revenue guidance. Storage chip stocks generally increased, with SK Hynix up about 7% and SanDisk up about 7%. Optical communication stocks also rose, with Coherent up about 9%, Credo up about 8%, and Lumentum up about 8%. Futures for all three major US stock indexes were up: Nasdaq 100 index futures rose 1.6%, S&P 500 index futures rose 0.7%, and Dow Jones index futures rose 0.2%.
Fed repricing lifts US Dollar Index – Deutsche Bank
Lundbeck raises 2026 revenue growth forecast to 11%-12% at constant exchange rates
Jefferies: Raises BP target price to 580 pence
Crypto prices
More
