Hong Kong virtual insurer OneDegree seeks greater Middle East growth

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Hong Kong virtual insurer OneDegree is gaining ground in the Middle East and has signed 20 contracts since entering the region in 2023, according to one of its founders.In an interview on June 6, Alvin Kwock Yin-lun said the nine-year-old company was looking for additional growth in the Middle East. It has insured the digital assets of 20 out of the 34 companies licensed by Dubai’s Virtual Assets Regulatory Authority, which includes digital asset exchanges and providers of trading and custody...