Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 406

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 406
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ly, our short-term results of operations may not be indicative of our long-term prospects.

Our
tokenization business operations are at an early stage of development and have a limited operating history, and our strategy of developing
a Web3-focused RWA tokenization business may not be successful.

Our
Web3-focused RWA tokenization business is still in the development stage, and our operating history in such business has been
limited to the development and issuance of a token for participation in reinsurance contracts underwritten by our Oxbridge Re NS
subsidiary. We have not yet announced any revenue-producing activities for tokenization of RWAs that are held by or being acquired
by third parties, and we may not be able to successfully complete the development of any products or services relating to
tokenization of third-party RWAs. Accordingly, we have only a very limited operating history and limited experience in this business
and have not earned any revenues to date in this business (other than limited management fees from the issuance of the EpsilonCat Re
and DeltaCat Re Tokens). If we are not able to develop this business as planned, we may not be able to generate material revenues
from our developing tokenization business.

Developing
a Web3.0-focused business around the tokenization of RWAs involves significant risks.

Our
planned tokenization business activities are based on a new area of technology and carries significant risks, including the following:

    ●
    an active trading market for tokenized RWAs may not
    develop or be sustained;

    ●
    there is no guarantee that tokenized RWAs will hold
    their value or increase in value;

    ●
    tokenized RWAs of SurancePlus may not be listed on
    any securities exchange and may not be available to trade on any alternative trading system (“ATS”), which would result
    in limited liquidity for holders;

    ●
    if the tokenized RWAs become available for trading
    on an ATS, the number of securities traded on such ATS may be very small, making the market price more easily manipulated;

    ●
    technology on which an ATS relies for its operations
    may not function properly;

    ●
    blockchain networks are relatively new technologies;

    ●
    asset tokenization via blockchain technologies is a
    relatively new digital innovation;

    ●
    blockchain network transaction fees may significantly
    increase over the duration of the investment;

    ●
    smart contracts may have implementation errors that
    vitiate