Hong Kong-based virtual insurer OneInfinity announced last Wednesday September 6 its signing of a memorandum of understanding MoU with Hashkey Exchange, Hong Kong’s licensed retail virtual asset exchange.
Under the MoU, OneInfinity, under OneDegree, and Hashkey will work together on hot and cold wallet insurance solutions, making related security measures available to Hashkey’s users. The two parties will also look into consumer and operational data to co-develop tech-based digital asset insurance solutions.
“The two teams have devoted personnel to regularly review potential risks, and see if we can use insurance as a potential way to address them,” Alvin Kwock, co-founder of...
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