Abacus Global Management (NYSE: $ABX) is moving part of the secondary life insurance market onchain, using blockchain infrastructure to track ownership, liens and cash-flow rights across its portfolio.
The company said more than 100 in-force policies have already been tokenized, with its full balance sheet portfolio expected to move onchain by the end of 2026. Future policy originations are also set to enter the same structure.
Abacus is targeting an ****** et class estimated at $224 billion in the secondary market, where policy transfers still require buyers to review ownership records, beneficiary ****** ignments, servicing histories, and other documents before a transaction can close.
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The company said more than 100 in-force policies have already been tokenized, with its full balance sheet portfolio expected to move onchain by the end of 2026. Future policy originations are also set to enter the same structure.
Abacus is targeting an ****** et class estimated at $224 billion in the secondary market, where policy transfers still require buyers to review ownership records, beneficiary ****** ignments, servicing histories, and other documents before a transaction can close.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
4 months ago
