OneInfinity by OneDegree and HashKey Global have announced a strategic partnership to provide digital asset wallet insurance, offering coverage exceeding US$4bn for both hot and cold wallets.
Founded in 2018, HashKey Global is the HashKey group’s flagship digital asset exchange and Managing Director Ben El-Baz emphasised the importance of investor protection as the digital asset market expands. “Through this strategic alliance with AIFT, we are committed to adding additional protections to our platform that not only safeguard investors but also support the growth of the global digital asset market,” he said.
OneInfinity Co-founder, Alvin Kwock said the partnership helps to address the escalating cybersecurity challenges faced by the Web3 ecosystem and that, together, the businesses are well positioned to drive innovation and resilience in this dynamic landscape.
In 2023, OneInfinity, a division of AIFT (formerly known as OneDegree Group), had originally signed a Memorandum of Agreement (MoU) with HashKey Exchange in 2023, with the aim of providing digital asset wallet insurance and other safety features to HashKey Exchange’s users.
