Avalanche subnets - Why are they important to DeFi? 

Avalanche subnets are a unique feature of the Avalanche blockchain platform that allows for the creation of custom, app-specific blockchains. This design enables the platform to scale and provides a high level of flexibility and customization for developers.

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Bridging Reinsurance to DeFi: Onchain. Liquid. Accessible 🔺️
| re.xyz |
/re

Similarly, Re will use subnets to permission data and tokenize reinsurance contracts on the blockchain. In the reinsurance industry, the flexibility to customize who can view the data is critical to complying with regulatory standards and building trust with stakeholders.

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For example, Citibank, in collaboration with Alongside Wellington Management, WisdomTree, and ABN AMRO, conducted experiments on the Avalanche subnet Spruce to test the tokenization of private equity funds to improve efficiency in the private markets.

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