On Re SAC Ltd. is a Bermuda segregated-accounts company operating a regulated onchain reinsurance business. OnRe identifies Dan Roberts as co-founder and CEO and Ayyan Rahman as co-founder and chief growth officer, and announced a $5 million Series A in May 2026.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| ONYCOnchain Yield Coin | Rwa Backed | Active | $106M |
| Legal name | On Re SAC Ltd. |
| Headquarters | Hamilton, Bermuda |
| Stage | Private |
| CEO | Dan Roberts |
| Founders | Dan Roberts, Ayyan Rahman |
| Funding rounds | Round Series A · Amount $5M · Year 2026 · Investors: Forward Industries, RockawayX |
| Regulatory status | Jurisdiction Bermuda · License type Class F Digital Asset Business · Status LicensedJurisdiction Bermuda · License type Class IIGB insurer · Status Licensed |
| Website | https://www.onre.finance/ |
On Re SAC Ltd. is a Bermuda segregated-accounts company operating a regulated onchain reinsurance business. OnRe identifies Dan Roberts as co-founder and CEO and Ayyan Rahman as co-founder and chief growth officer, and announced a $5 million Series A in May 2026.
Stablecoins issued by this entity: ONYC.