OneInfinity by OneDegree, a provider of digital asset insurance and risk management solutions, is pleased to announce a partnership with SlowMist, the blockchain security firm.
This collab marks a step forward in strengthening the security and resilience of the Web3 ecosystem.
Through this alliance, OneInfinity and SlowMist will combine their expertise to deliver security and insurance solutions tailored “for Web3 businesses, including trading platforms, custodians, asset managers, and technology providers.”
SlowMist’s advanced blockchain security audits, threat intelligence, and anti-money laundering (AML) capabilities will “complement OneInfinity’s innovative insurance offerings, such as digital asset wallet protection and corporate liability coverage.”
Together, they aim to empower Web3 enterprises with “comprehensive risk management tools to navigate the evolving digital landscape confidently.”
Rex Zhang, Chief Operating Officer of OneInfinity by OneDegree said:
“This collaboration reflects our shared commitment to fostering a secure and sustainable future for digital assets, and there’s no better stage than the Hong Kong Web3 Festival to launch this initiative.”
The collaboration underscores both companies’ dedication “to supporting the growth of the digital economy in Hong Kong and beyond.”
As noted in the update, OneInfinity by OneDegree offers “tech-enabled digital asset insurance and risk management solutions globally.”
By offering insurance to end-to-end digital asset players (including trading platforms, custodians, asset managers, banks, family offices and technology providers), OneDegree strengthens its clients’ competitive edge by “enabling them to implement best practices under a robust risk management framework and secure a safety net for their assets under custody.”
OneInfinity is enabled by cybersecurity technology “offered by Cymetrics, a sister company of OneDegree.”
OneInfinity solutions “include digital asset wallet insurance (crime, and specie) and corporate liability coverages (Professional Indemnity, Directors & Officers, Investment Management and Cyber).”
As mentioned in the announcement, SlowMist is a “blockchain security firm established in January 2018.”
The firm was started by a team with over ten years “of network security experience to become a global force.”
Their goal is to make the blockchain ecosystem “as secure as possible for everyone.”
They are now an international blockchain security firm “that has worked on various projects such as HashKey Exchange, OSL, MEEX, BGE, BTCBOX, Bitget, BHEX.SG, OKX, Binance, HTX, Amber Group, Crypto.com.”
SlowMist offers various services that include “security audits, threat information, defense deployment, security consultants, and other security-related services.”
They reportedly offer AML (Anti-money laundering) software, MistEye (Security Monitoring) , SlowMist Hacked (Crypto hack archives), FireWall.x (Smart contract firewall) and other SaaS products.”