NFTs, Tokenisation and RWAs

While the NFT space is still in its early stages, the technology is transforming community engagement and onchain reputation. And it's not just media being disrupted by tokenisation - the financial industry is also undergoing major changes. From tokenising bonds and whisky collections to real estate, the physical world is quickly becoming digitised and moving onchain.

Due to this, we believe that ‘onchain’ is the new ‘online’ and as such most of our world will have to adopt web3 technologies in order to transact in the new digital economy. NFTs will be the backbone of digital value representation and provide liquid markets for otherwise illiquid commodities, assets and investments. But no mature market in the world gets to that point without a liquid insurance market backing it, which means insurance for the onchain world is incredibly important to unlocking this future.

And now, this paradigm shift is not without its risks. The onchain shift exposes businesses to new types of risks, such as smart contract vulnerabilities and evolving regulatory challenges that impact the legal status and use of tokens and NFTs. There’s much to navigate during this period with businesses needing a safety net in order to feel like they can take advantage of the upside potential this technology has to offer.

We work with NFT businesses, as well as media, financial services and real estate companies that tokenise parts of their operations, providing cover for both onchain and traditional risks.