Partnership between Walaa and OneDegree

Walaa Cooperative Insurance has signed a strategic partnership agreement with OneDegree, an online insurer operating in Asia.

With Walaa's support, OneDegree will now provide digital asset insurance in Saudi Arabia, through its “OneInfinity” range of products.

As a reminder, OneDegree has been offering digital asset insurance coverage in the United Arab Emirates since 2023, in partnership with Dubai Insurance.

The OneInfinity line of products specializes in Web3 insurance and risk management (including cryptocurrency and cybersecurity).