OneDegree secures funding from Dubai Insurance and launches partnership for digital asset insurance

The insurers plan to support good actors in UAE’s thriving web3 sector

18 December 2023 – OneDegree, Asia’s first licensed insurer for digital assets, has partnered with Dubai Insurance Co. to offer digital asset insurance in the United Arab Emirates (UAE) and support web3 players in top hubs in the region, especially the UAE, after supporting clients in successfully obtaining regulatory licences in leading digital asset hubs across the world.

Two years ago, OneDegree had launched OneInfinity – a suite of insurance products tailored for digital asset companies – and has become a leading force in web3 risk management. Through OneInfinity, OneDegree aims to empower good industry actors and enable them to thrive.

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