Catastrophe bonds eye tokenization with 2027 test issues

A law firm and a tokenization platform are proposing a structure that would put catastrophe bonds on-chain, giving investors legal ownership of cat bonds via tokens while potentially lowering the minimum investment. The group is planning a test issuance in 2027, adding catastrophe bonds to the widening tokenization rush across insurance and traditional assets.

• Proposed structure provides onchain legal ownership of cat bonds.
• Lower minimums would broaden access to a market historically reserved for large institutions.
• Test issuance targeted for 2027.