Hong Kong’s OneDegree closes $55M Series B round to expand digital assets insurance

Hong Kong-based insurtech firm OneDegree Group has on Thursday announced that it has closed additional funding, taking its Series B round to $55 million. The new funding will be used to expand OneDegree Group’s digital assets insurance business and insurtech offerings globally as well as to broaden the product offering and deepen the market penetration of its direct-to-consumer insurance products.