Partnership Between BitGo and OneInfinity by OneDegree Revolutionizes Digital Asset Custody Risk Management in Japan with Global Expansion in Sight
Tokyo, Japan, 28 January – In the wake of recent digital asset hacks, the importance of robust digital asset security and protection has never been more critical. In response to this growing need, BitGo, the leading provider of secure and scalable solutions for the digital asset economy, has joined forces with OneInfinity by OneDegree, Asia’s pioneering digital asset insurance and security solution provider, to introduce a groundbreaking partnership in Japan that sets its sights on global expansion.
BitGo, a renowned regulated custodian with a decade-long track record of protecting digital assets in addition to providing core infrastructure tailored for institutions and builders, is collaborating with OneInfinity by OneDegree to offer customers utilizing BitGo’s self-custody product access to cutting-edge digital asset custodial risk management solutions. This strategic alliance marks a significant advancement in the Japanese market, providing unparalleled security and peace of mind for digital asset holders, with plans to extend these benefits globally.
The partnership is timely following events in the past year that resulted in a substantial loss in terms of tens of billions in Japanese Yen. BitGo and OneInfinity plan to mitigate these risks for the Japanese market signifying a pivotal moment in the evolution of digital asset custody solutions, and reinforcing the commitment to security, innovation, and reliability in Japan’s digital asset economy, before rolling out the partnership worldwide.
Commenting on the partnership, Mike Belshe, CEO of BitGo stated, “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.”
In agreement, Rex Zhang, COO of OneInfinity by OneDegree added, “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. Our partnership with BitGo underscores our shared dedication to delivering comprehensive risk management and fostering trust within the digital asset ecosystem on a global scale.”