9 January 2024 – Cobo, a leading digital asset custody solutions provider, has partnered with global insurance provider OneInfinity by OneDegree to provide enhanced insurance coverage for its clients’ assets.
Cobo clients can now confidently store their digital assets with the added protection of OneInfinity’s tailored specie insurance policy. Furthermore, clients can rest assured that Cobo has successfully met OneInfinity’s stringent due diligence standards, implementing industry-best practices to safeguard crypto assets against theft and hacks. This reinforces Cobo’s standing as a top-tier, licensed, and compliant custody solution provider for institutions.
“We are delighted to partner with respected insurance leaders such as OneInfinity to provide our clients with premier digital asset insurance,” said Changhao Jiang, CTO and Co-Founder of Cobo. “Beyond additional insurance coverage, our clients can trust that Cobo not only meets but exceeds the rigorous due diligence standards set by one of the top cryptocurrency insurers.”
“We are very excited to partner with Cobo and provide tailored insurance solutions for its custody solutions to protect client assets,” said Alvin Kwock, co-founder of OneInfinity by OneDegree. “We have been working with Cobo for several months and we are impressed by the concrete steps that Cobo has taken to achieve internationally recognised insurance standards. As the leading licensed and regulated digital asset custody provider, Cobo’s proactive measures for securing top-tier insurance coverage for clients highlights their commitment to setting the gold standard for institutional-grade custody solutions in this dynamic space.”
