Forward Industries, RockawayX Invest in OnRe Reinsurance

SOL

SOL/USDT

$105.27

+1.50%

$105.27

+1.50%

(24s)

24h Volume

$3,037,109,762.15

24h H/L

$107.36 / $102.94

Change: $4.42 (4.29%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$106.08

▲ 2.81%

Volume (24h): -

Resistance Levels

Resistance 3$124.3278

Resistance 2$110.60

Resistance 1$106.887

Price$106.08

Support 1$103.05

Support 2$98.8245

Support 3$92.35

Pivot (PP):$103.05

Trend:Uptrend

RSI (14):67.7

Cointelegraph Staff

(10:20 PM UTC)

1 min read

Approved byJames Mitchell

0 comments

Forward Industries and crypto investment company RockawayX have co-led a strategic investment in OnRe, a startup building reinsurance infrastructure on the Solana blockchain, in a move aimed at bringing traditional risk-transfer markets onto decentralized rails.

The companies said Tuesday they co-led OnRe’s $5 million Series A round, with Forward planning to allocate up to $25 million into the…