ChainCatcher reported that Binance Wallet has announced the launch of a Pre-TGE Prime exclusive token sale today, with the on-chain reinsurance platform Re（RE）selected as the project for this round. The sale centers on the RE token and uses BNB as the subscription asset, with participation subject to the relevant Binance Alpha points requirements.
Subscription Window and Token Sale Details
The subscription period is scheduled from 12:00 to 14:00（UTC）on June 17, 2026. According to the announcement, the token price is set at the BNB equivalent of $0.05 per RE. A total of 10 million RE tokens will be offered in the sale, representing 1% of the total supply. The sale is designed to raise the BNB equivalent of $500,000.
The event will follow an oversubscription and proportional allocation model. Each user may subscribe for up to 3 BNB. If total subscription demand exceeds the token allocation available in the sale, the final distribution will be made on a proportional basis. Participants must also meet the applicable Binance Alpha points requirements in order to take part in the sale.
On-Chain Credential and RE Distribution
After the subscription period ends, users will receive a non-tradable on-chain credential inside their wallet. This credential records the subscription-related status but is not itself tradable. The RE tokens actually allocated to users will be airdropped directly to their Binance Alpha accounts at 12:00（UTC）on June 18 and will support Alpha limit order trading.
Re is described as a capital-layer platform that connects global on-chain capital with the trillion-dollar reinsurance market. Its stated focus is turning stablecoins into real-world insurance capacity. The platform currently covers business from more than 35 insurance companies and over 700,000 policyholders. Through this sale, Re becomes the latest project included in Binance Wallet’s Pre-TGE Prime exclusive token sale arrangement.