Abacus to tokenize secondary life insurance assets

Abacus Global Management announced plans to tokenize secondary life insurance assets, bringing blockchain infrastructure to a market it estimates at $224 billion.

The company has already tokenized more than 100 in-force policies and expects to place its entire balance sheet portfolio on-chain by the end of 2026. Rather than serving as a cryptocurrency initiative, the effort is designed to create a verifiable record of each policy’s chain of title, liens, and cash-flow rights, while keeping supporting documentation off-chain.

According to Abacus, tokenization can reduce the operational burden of buying and selling life settlements by improving transparency, shortening due diligence, accelerating settlement, strengthening ownership verification, and automating portfolio servicing and reporting.

“We have spent two decades building the operational backbone that makes life insurance an investable asset. Tokenization is the natural extension. By recording policy data, chain of title, and cash‑flow rights on an immutable ledger, we are able to eliminate the manual reconciliation that has slowed tertiary transactions, expand the universe of qualified buyers, and give institutional investors the same speed and confidence they expect across every other modern asset class. Our intent is to have the entirety of our balance sheet portfolio and future originations on chain by the end of this year.” – CEO Jay Jackson.