Hong Kong, 16 November 2023 – HashKey Exchange, Hong Kong’s licensed retail virtual asset exchange, has officially closed the deal with OneInfinity by OneDegree, Asia’s first and only licensed insurer for digital assets. OneInfinity by OneDegree will provide insurance cover for digital assets stored in both hot wallets and cold wallets for HashKey Exchange, providing comprehensive coverage for investors.
Additionally, the two companies have pledged to co-develop new tech-enabled innovations aimed at enhancing digital asset security. They will also explore solutions on server downtime, data back-up as well as load management, thereby providing even more comprehensive assurance to HashKey’s client base.
Livio Weng, COO of HashKey Group, said, “At HashKey Exchange, our aim is to set the bar for virtual asset exchanges in compliance, safety, and security. Getting insurance cover from OneInfinity by OneDegree not only fulfils the requirements of the Securities and Futures Commission. We believe the collaboration can also enhance our financial, technical, and service infrastructure to provide our customers with comprehensive protection. We look forward to contributing to the growth and long-term development of the virtual asset ecosystem in Hong Kong together with our friends at OneInfinity by OneDegree.”
Alvin Kwock, Co-Founder of OneInfinity by OneDegree, added, “We are honoured to support HashKey Exchange, the licensed virtual asset exchange in Hong Kong, with digital wallet protection. OneInfinity’s tech-enabled insurance solutions are ideally positioned to bring value to our clients and their customers by providing practical and comprehensive risk mitigation. The collaboration with HashKey Exchange is more than just an insurance product. It is a comprehensive solution to provide a safer environment for HashKey’s customers.”
About HashKey Exchange
On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, Hash Blockchain Limited (HashKey Exchange) is among the first batch of licensed virtual asset exchanges to offer retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence and Type 7 (Providing automated trading services) licence. As HashKey Group’s exchange business, HashKey Exchange provides all-in-one trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications.
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About HashKey Group
HashKey Group is an end-to-end digital asset financial services group in Asia. The Group provides a complete ecosystem across the entire digital asset landscape, ranging from trading, custody, venture investment, technologies to Web3 infrastructure. HashKey’s senior team has decades of investment and trading experience and deep market insights gained from tier-one banks, regulators and FinTech ventures. By bringing together the most advanced blockchain research and development and technologies, HashKey identifies potential opportunities and delivers end-to-end solutions that operate within regulatory frameworks with the highest compliance standards. The Group has operations in Hong Kong, Singapore and Japan, and extensive partnerships with FinTech and blockchain solutions providers, academic institutions and associations.
Website: https://www.hashkey.com/
Twitter: https://twitter.com/HashKeyGroup
