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Sunday, December 08, 2024

HashKey Global and OneInfinity by OneDegree Forge Strategic Alliance to Bolster Web3 and Cybersecurity Landscapes

HashKey Global and AIFT, a prominent player in cybersecurity and insurance provider, today announced a strategic partnership aimed at strengthening the Web3 and cybersecurity realms. The collaboration with HashKey Global will provide digital asset wallet insurance with coverage exceeding US$4 billion in the upcoming policy year. AIFT’s digital asset insurance arm, OneFinity by AIFT will collaborate with HashKey Global to provide digital asset wallet insurance for both hot and cold wallets. This initiative aims to both enhance investor protection while delivering cutting-edge security measures for users of HashKey Global’s platform.

“Investor protection in the digital asset custody space is paramount, especially as the industry grows to a wider mainstream audience,” said Ben El-Baz, Managing Director of HashKey Global. “Through this strategic alliance with AIFT, we are committed to adding additional protections to our platform that not only safeguard investors but also support the growth of the global digital asset market.” 

Alvin Kwock, Co-founder of AIFT, said: “We are excited to join forces with HashKey Group to address the escalating cybersecurity challenges faced by the Web3 ecosystem. Together, we are well-positioned to drive innovation and resilience in this dynamic landscape.” 

The Hashkey Global and AIFT partnership signifies a concerted effort to propel advancements in Web3 technologies while reinforcing cybersecurity measures. As they embark on this journey together, they are committed to shaping a more secure and robust digital future.

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