HashKey Exchange, Hong Kong's largest* licensed virtual asset trading platform, announced a deepening partnership with OneInfinity, a brand under OneDegree, Asia's leading Web3 insurance service provider. The platform has also partnered with several top international insurance companies to upgrade its custody insurance program, setting a new industry high in insurance coverage and retaining its position as the world's largest** licensed virtual asset exchange, further protecting user investment interests.
With this upgrade, HashKey Exchange's custodial asset insurance will last for 18 months, and its coverage has been further expanded to cover at least 50% of custodial assets. This arrangement will significantly reduce the risk of platform assets and provide a solid security barrier for retail and institutional clients.
The insurance program involved in this collaboration set a global record for coverage. It was provided by OneInfinity and backed by Arch Insurance International and other reinsurers with A- and AA- credit ratings from AM Best and Standard & Poor's (S&P). Arch Insurance International is a key underwriting member of Lloyd's of London, one of the world's most prestigious insurance markets.
In addition, through this cooperation, HashKey Exchange optimized its custody architecture and strengthened the security protection of the core assets of the ecosystem, thereby making significant progress in overall risk management and risk mitigation.
Evertas was also one of the key insurers facilitating this upgrade. As an authorized underwriter for Lloyd's of London, Evertas, along with Elmore, facilitated the collaboration between OneInfinity, HashKey, and Arch Insurance International. This long-standing, trust-based partnership among all parties lays the foundation for the steady development and continuous innovation of the digital asset industry.
About HashKey Exchange
HashKey Exchange is committed to setting new standards for virtual asset exchanges in terms of compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. Currently, it holds licenses from the Hong Kong Securities and Futures Commission (SFC) under the Securities and Futures Ordinance (SFO) for Type 1 (Dealing in Securities), Type 7 (Providing Automated Trading Services), and the Anti-Money Laundering Ordinance (AMLO) to operate a virtual asset trading platform. As the flagship business of the HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PIs) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not offer services to users in mainland China, the United States, and certain other jurisdictions.
* As of August 27, 2025, HashKey Exchange is ranked 15th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.
** According to OneDegree, as of August 27, 2025, HashKey Exchange's virtual asset scale is the largest in the world.
About OneInfinity, a OneDegree brand
OneInfinity, a OneDegree brand, provides technology-driven insurance and risk management solutions to the global digital asset industry. Its customized insurance offerings cover the entire digital asset industry chain, including trading platforms, custodians, asset managers, banks, family offices, and technology service providers. These solutions help clients establish robust risk management systems and safeguard their managed assets.
OneInfinity is powered by leading technology from Cymetrics, the cybersecurity company under OneDegree. Its solutions include digital asset wallet insurance (including crime and custody insurance [specie]) and corporate liability insurance (professional indemnity, directors and officers liability [D&O], investment management insurance, and cybersecurity insurance).
For more information, please visit: https://oneinfinity.global/
About Elmore
Elmore Insurance Brokers Limited (Elmore) is an independent specialty insurance brokerage firm recognized as a pioneer and leading practitioner in commercial crime and digital asset insurance. The firm designs and arranges insurance solutions for exchanges, custodians, payment platforms, and other fintech companies. The solutions cover risks including digital asset crime and theft (both hot and cold wallets), social engineering and fraud, cyberattacks, technology liability, directors and officers liability, and ransomware.
Founded in 2015 by Simon Gilbert, Elmore consistently meets evolving regulatory and institutional standards through its expertise, rigorous risk assessment, claims agency, and collaborative policy development capabilities. Elmore is authorised and regulated by the UK Financial Conduct Authority (FCA), Portugal's ASF, and Switzerland's FINMA.
For more information, please visit: https://elmorebrokers.com/
About Arch Insurance International
Arch Insurance International is a subsidiary of Arch Capital Group Ltd. and comprises the property and casualty (re)insurance business of Arch Insurance UK and Arch Insurance (EU) dac, as well as Arch's (re)insurance business in Europe, Bermuda and Australia.
For more information, please visit: http://www.archgroup.com
About Evertas
Evertas is a pioneering crypto-asset insurance company serving institutional digital asset holders. Headquartered in Miami, Florida, the company is licensed as a AAA insurer by the Bermuda Monetary Authority. Evertas is the first crypto-insurer to be approved as a Lloyd's authorized underwriter, offering coverage of up to $400 million for custodians and exchanges, and up to $200 million for crypto mining hardware. Its crypto-native underwriting process enables customized policies tailored to industry-specific risks, ensuring efficient claims processing and rapid payouts.
For more information, please visit: www.evertas.com
HashKey Exchange Press Release and Advertising Standard Terms and Disclaimers