Forward Industries, RockawayX Invest in OnRe Reinsurance

SOL

SOL/USDT

$75.53

-0.17%

$75.53

-0.17%

(24s)

24h Volume

$1,003,144,037.51

24h H/L

$75.71 / $74.10

Change: $1.61 (2.17%)

Long/Short

73.4%

Long: 73.4%Short: 26.6%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$75.51

▲ 1.19%

Volume (24h): -

Resistance Levels

Resistance 3$82.73

Resistance 2$78.2565

Resistance 1$76.3975

Price$75.51

Support 1$75.02

Support 2$73.9033

Support 3$72.5404

Pivot (PP):$74.8067

Trend:Downtrend

RSI (14):51.5

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…