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Hong Kong’s OneDegree Inks Deal with Reinsurer Munich Re to Launch Digital Asset Insurance

As crypto’s market cap pushes past $2 trillion and makes its way onto the balance sheet of many institutional investors and corporations, Hong Kong insurer OneDegree has announced a deal with Munich Re, one of the world’s largest reinsurers, to offer a new digital asset insurance product. Original Source

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Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies – Bitcoin News

Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market. Onedegree to Underwrite Insurance Policies for Crypto

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