Re (RE) Added to the Pre-TGE Prime Sale Program
ChainCatcher reports that Binance Wallet has announced the launch of a Pre-TGE Prime exclusive token sale today. The project selected for this round is Re (RE), an on-chain reinsurance platform. The sale will be priced in BNB and will be open to participants who meet the relevant Binance Alpha points requirements.
The subscription window is scheduled for June 17, 2026, from 12:00 to 14:00 (UTC). The token price is set at the BNB equivalent of $0.05 per RE. A total of 10 million RE tokens will be offered, representing 1% of the total supply, with the sale aiming to raise the BNB equivalent of $500,000.
The event will use an oversubscription and pro-rata allocation model. Each user may subscribe for up to 3 BNB. Under this arrangement, the final amount of RE allocated to each participant will depend on the sale’s allocation process after the subscription period closes.
On-Chain Credential and Token Distribution Schedule
After the subscription ends, users will be able to receive a non-tradable on-chain credential inside their wallet. This credential corresponds to the subscription record for the sale and is not designed to be traded. The actual RE tokens allocated to users will be airdropped directly to their Binance Alpha accounts at 12:00 (UTC) on June 18.
Once distributed, RE 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 to convert stablecoins into real-world insurance capacity.
According to the project description included in the announcement, Re currently covers business from more than 35 insurance companies and over 700,000 policyholders. The Binance Wallet Pre-TGE Prime sale for RE is therefore centered on a fixed subscription window, a $0.05-equivalent token price, a 10 million token sale size, a 3 BNB per-user cap, and a follow-up airdrop to Binance Alpha accounts.