Oxbridge Re Holdings Ltd

Oxbridge Re Holdings Limited launched AI GridWorks, a new subsidiary focused on developing, owning and operating AI data centers and related infrastructure, while expanding its tokenized reinsurance platform to include third-party opportunities. For the 2026 and 2027 treaty year, the company closed five tokenized reinsurance offerings on the Solana blockchain, raising $7.1 million in aggregated gross proceeds, including three third-party offerings associated with HCI Group. Net income for the quarter ended June 30, 2026, was $176,000, or $0.02 basic and diluted income per share, compared with a net loss in the prior-year period, primarily due to no underwriting losses recorded. The company is initially targeting data center projects ranging from 10 to 100 megawatts, with an initial focus around 50 megawatts, in the Southeast U.S., and may use tokenization to broaden investor participation in AI infrastructure assets.