CroSat
bitcoin newsOct 12, 2026AI summary

Planned Bermuda Catastrophe Bonds Would Put Ownership Onchain

A planned tokenized catastrophe bond issuance in Bermuda aims to raise capital for disaster risks that remain expensive to insure.

Planned Bermuda Catastrophe Bonds Would Put Ownership Onchain

A planned catastrophe bond issuance in Bermuda would use tokenization to record legal ownership on a blockchain, according to CoinDesk.

The proposal seeks funding for disaster risks that remain costly to cover through insurance, targeting a gap in available protection.

The reported plan links onchain ownership with disaster-risk financing. Details on the issuance size, timing and specific risks to be covered were not provided.

Source: CoinDesk

Related stories

FTX-Linked Crypto Mining Venture Shifts Toward AI
bitcoin newsOct 12, 2026

FTX-Linked Crypto Mining Venture Shifts Toward AI

Genesis Digital Assets, in which FTX acquired a 20% stake before its collapse, is now being used to support artificial intelligence.

SWI Raises $896 Million to Shift Genesis Digital Assets Toward AI
bitcoin newsOct 12, 2026

SWI Raises $896 Million to Shift Genesis Digital Assets Toward AI

SWI Group has raised about $896 million to expand Genesis Digital Assets’ data-center capacity for AI and hyperscale computing after taking majority control.

Hardware Wallet Concerns Put Multivendor Multisig in Focus
bitcoin newsOct 12, 2026

Hardware Wallet Concerns Put Multivendor Multisig in Focus

Security concerns surrounding hardware wallets could push more crypto users toward multivendor multisig setups, raising upfront costs and potentially boosting device sales.

IMF Flags Financial Risks as Tokenized Assets Reach $65 Billion
bitcoin newsOct 12, 2026

IMF Flags Financial Risks as Tokenized Assets Reach $65 Billion

The IMF warns that features designed to make tokenized markets more efficient could also speed up the spread of financial stress.