Oneglobal buys Hong Kong crypto insurance broker Fraction

What's the deal? Oneglobal BrokingDealroom has a profile for this one. Try Dealroom → has acquired Fraction Brokers AsiaDealroom has a profile for this one. Try Dealroom →, a Hong Kong-based brokerage that specialises in serving the digital asset industry. The companies announced the deal on Monday but did not disclose financial terms.

What each side brings: Fraction focuses on insurance for the crypto and digital asset sector. OneglobalDealroom has a profile for this one. Try Dealroom → is an insurance broking group expanding its presence across Asia.

The hire behind the deal: The takeover follows the appointment in July of Fraction co-founders Dan Dibden and Onno Sterk to senior roles at Oneglobal. That move signalled the integration ahead of the completed acquisition.

The signal: The deal reflects growing demand for specialist insurance as digital assets move further into mainstream finance. Brokers are building out crypto expertise, and Hong Kong — a hub for the sector — remains a focal point for that expansion.

Read more: insuranceasianews.com

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