Hong Kong Firm To Offer Insurance For Asian Cryptocurrency Holdings
One of the major insurers has entered into the BTC, commonly known as the Bitcoin industry, to have a unique business model for the people with any kind of digital assets. The firm One degree, a multiline company, announced that they are partnering with the Bitcoin exchange of Hong Kong to provide the protection. The One degree is Asia’s first company or firm to provide security on such assets. No company offers a good security feature regarding the digital assets of a person. One degree changed the game and became popular, providing good and quality protection and security procedures for the digital assets you possess. Under the Hong Kong exchange of bitcoin custody, the one-degree company plans to invest $100 million in insurance in these assets.
One degree spoke person seemed confident about the company’s new model. They said that they are moving forward with a bright idea and a good technique like never before. There are not many competitors in the market for them to provide a tough tackle. It will encourage people to invest in different types of digital assets and provide a risk management system. This will boost the confidence of the investors and also the company. They think that the idea can reach new heights, improve the quality of services in this industry, and develop an interest in digital assets for future generations.
The company added that they have been providing different solutions to the asset investors in the crypto market so that they do not step back before taking risks. They also said that there are various logins and procedures for the security threats you may receive. They can assist the clients under them to tackle and solve the issues to give them overall satisfaction.