Hong Kong, 28 January 2025 - OneInfinity has partnered with BitGo, the global digital asset custody provider, to give BitGo's self-custody customers in Japan access to OneInfinity's digital asset custodial risk management solutions, with plans to extend the offering to other markets over time.
The partnership arrives at a pointed moment for Japan's digital asset sector, which absorbed losses in the tens of billions of yen from security incidents over the past year. By pairing BitGo's institutional custody infrastructure with OneInfinity's risk management and insurance framework, the two companies aim to give digital asset holders in Japan a stronger layer of protection, and to use the market as a proving ground before rolling the partnership out worldwide.
Mike Belshe, CEO of BitGo, said: "We are thrilled to partner with OneInfinity by OneDegree to bring a new level of security and confidence to the digital asset landscape in Japan, with a clear vision for global expansion. By combining BitGo's industry-leading custody solutions with OneInfinity's innovative digital asset risk management offerings, we are setting a new standard for safeguarding digital assets and empowering investors."
Rex Zhang, Chief Operating Officer of OneInfinity by OneDegree, said: "This collaboration with BitGo represents a milestone in digital asset custodial services in Japan, with aspirations for a broader international reach. As the first digital asset insurance and security solution provider in Asia, we are committed to enhancing the security and resilience of digital asset investments."
Read TechNode Global's coverage: BitGo partners with OneInfinity by OneDegree for digital asset custody risk management in Japan
About OneInfinity
OneInfinity, part of the AIFT Group, is a regulated insurance and risk solution provider headquartered in Hong Kong and Dubai with a growing presence across APAC and the Middle East. OneInfinity delivers tailored insurance and risk management solutions covering emerging risks in AI, blockchain, cyber, and digital assets (including cyber, wallet, and corporate liability coverages). Its deep technical underwriting is powered by advanced cybersecurity capabilities from Vulcan, and a growing consulting practice supports clients on licensing, compliance, and custodial security infrastructure.
About BitGo
BitGo is a global digital asset custody provider founded in 2013. A qualified custodian holding SOC 1 Type II and SOC 2 Type II certifications, BitGo provides institutional-grade custody, trading, and lending solutions with regulated cold storage operations spanning North America, Europe, the Middle East, and APAC.
