[On-chain Reinsurance Company OnRe Completes $5 Million Series A Financing, Led by Forward Industries and Rockaway] According to GlobeNewswire, Solana treasury company Forward Industries announced that it, along with digital asset investment firm RockawayX, co-led the $5 million Series A financing for regulated on-chain reinsurance company OnRe. Forward plans to additionally deploy up to $25 million into OnRe's yield-bearing token ONyc on Solana. OnRe is described as a licensed collateralized reinsurance company and on-chain asset management firm. ONyc provides exposure to reinsurance risk portfolios and has been integrated into mainstream Solana DeFi platforms, where it can be used as collateral for lending and cyclical strategies.