Tokenization Platform and Law Firm Propose On‑Chain Ownership of Catastrophe Bonds

A law firm partnered with a tokenization platform to outline a new structure that would place catastrophe bonds on a blockchain, granting investors direct legal ownership of the assets.

On‑Chain Legal Ownership

The proposal aims to record the ownership of catastrophe bonds on a distributed ledger, ensuring that the token representing each bond is recognized as a legal claim to the underlying security.

Potential Reduction in Investment Minimums

By fractionalizing the bonds into digital tokens, the structure could allow investors to purchase smaller slices of the asset, potentially lowering the traditional high minimum investment thresholds associated with catastrophe bonds.

Planned Test Issuance

The parties intend to conduct a test issuance of the tokenized catastrophe bonds in 2027, providing a proof‑of‑concept for the on‑chain ownership model.