$30M to $300M in Eight Months | Onre Finance CEO Dan Roberts

Dan Roberts on how Onre Finance went from $30M to $300M in eight months on Solana:

"Capital was slower to begin with. I think for the first nine months, we got up to around 30 million. And the challenge with that is you're building in diversification as the capital grows.

So there's almost two ways of launching these businesses. You can have an existing product with an existing track record, and you're just tokenizing that on chain... or you're building a portfolio as you're scaling the capital, which is what we were doing with ONyc.

But in the last six months, that's gone from 30, or last eight months gone from 30 million to 300. So we've really found that market fit, that sort of place amongst the Solana community...

As we've been able to build in a huge amount of diversification to that level. So about 150, 160 million of reinsurance limits placed, leaves us with a lot of liquidity for us to manage kind of treasury.

So there's two returns that ONyc generates, the underwriting return and the investment return."

— Dan Roberts, co-founder and CEO of Onre Finance, on @GenfinityMedia with @KingSolomon123