METACO Partners with OneDegree’s OneInfinity on Digital Asset Insurance

one degreeis the first Asia-headquartered insurer to offer digital asset coverage and has announced a strategic partnership with metachois a market-leading provider of digital asset management orchestration technology.Partnership brings OneDegree to a pioneering digital wallet insurance product one infinity For Financial Institutions Leveraging METACO’s Leading Digital Asset Management Orchestration Platform Harmonize™.

METACO enables traditional banks of all sizes to enter the fast-growing digital asset market. OneInfinity provides peace of mind to these banks and their customers. The combination of banking and insurance will be the driving force in bringing digital assets into the mainstream market. According to a recent survey, nearly 40% of his global banking industry respondents said they could start offering cryptocurrency services to retail customers in 2022.

Backed by institutional investors such as SC Ventures by Standard Chartered, METACO has established itself as a market-leading digital asset technology provider to Tier 1 banks and regulated financial institutions worldwide, Citi, BNP Paribas , trusted by leading custodians such as BBVA. Union Bank of the Philippines.

Harmonize enables institutional investors to securely store, trade, issue and settle digital assets, including cryptocurrencies and digital securities, with Tier 1 bank-level security and compliance standards.

OneDegree will work closely with METACO to tailor technology-enabled digital asset wallet insurance coverage and risk management solutions for clients in Hong Kong and the wider Asia Pacific region. Leveraging OneDegree’s expertise in crypto insurance and cybersecurity, the partnership is expected to bring best-in-class custody standards to the digital asset ecosystem. Accelerated insurance coverage, backed by outstanding cybersecurity expertise and risk management capabilities, creates a compelling commercial value proposition available only to institutions managing digital assets using METACO’s technology .

Richard SwainstonMETACO’s Director of APAC Business Development, said: METACO Harmonize is built with the highest market-respected security standards at its core, and OneInfinity validated its architecture and principles by offering his METACO customers his flagship digital asset wallet insurance product. I am proud to be OneInfinity is a pioneer in this space, and its unique offerings complement his METACO’s solutions and enhance its end-to-end value proposition for digital asset managers. ”

Helen YehOneDegree Chief Commercial Officer added: Given the evolving nature of the digital asset economy, organizations large and small often struggle to manage emerging risks in their core business. A pragmatic approach to mitigating emerging risks is to identify all perils and create a robust framework to monitor and leverage insurance. This is exactly where OneInfinity’s technology-enabled insurance solutions can add value for both clients and their end users. ”

About OneInfinity by OneDegree
OneDegree’s OneInfinity is a global provider of technology-enabled digital asset insurance and risk management solutions. OneDegree helps clients implement best practices by providing bespoke insurance to end-to-end digital asset players (including trading platforms, custodians, asset managers, banks, family offices and technology providers). enhance the competitiveness of our clients. Strengthen the risk management framework to ensure a safety net for assets under custody.
OneInfinity is powered by best-in-class cybersecurity technology from Cymetrics, a sister company of OneDegree. The OneInfinity Insurance Solution is a bundle of services offered by Cymetrics that examines client security from the perspective of a hacker and from the perspective of exposure to cyber, blockchain and digital assets risks.
OneInfinity solutions include digital asset wallet insurance (crime and specie) and corporate liability coverage (professional coverage, directors and officers, investment management and cyber).
For more information, see:

About Metaco
Founded in Switzerland in 2015, METACO is a technology company with a mission to enable financial and non-financial institutions to securely manage their digital asset business and capitalize on the burgeoning digital asset economy. The company’s core product, Harmonize, is a digital asset orchestration system. From cryptocurrency storage and trading, to tokenization, staking and smart contract management, the platform seamlessly connects institutions to the new world of decentralized finance (DeFi).
METACO has established itself as the Tier 1 banking standard, trusted and operated by global custodians, exchanges, private banks and universal banks. Its software, technology and infrastructure solutions enable financial institutions to store, trade, issue and manage digital assets with the highest possible security and agility.
For more information, see:

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