Oneglobal Broking, an international insurance and reinsurance brokerage group providing specialist risk advisory and placement services across global markets, has acquired Hong Kong-headquartered specialist insurance broker Fraction Brokers Asia Ltd’s (Fraction Brokers) digital asset client portfolio.
Incorporated in 2012, Fraction Brokers focuses on the digital asset industry, operating globally with a strong presence in the Asia-Pacific and Middle East markets.
In August 2025, the broker established its digital asset business when it adopted the Fraction Brokers name.
As per the terms, the client portfolio has been transferred to Oneglobal’s Hong Kong-licensed entity, which aims to strengthen the group’s Asian digital asset insurance capabilities.
Additionally, Oneglobal Broking has established a dedicated Digital Asset division led by Dan Dibden, who has been named Chief Commercial Officer, Digital Assets, Hong Kong, alongside Onno Sterk as Head of Digital Assets.
Fraction Brokers places the largest specie insurance programme in the world, explained the broker, which is more than USD 1 billion, with a current portfolio size of USD 1.175 billion.
Oneglobal explained that it already provides a degree of digital asset coverage in markets outside Asia, where it believes that the regional market remains relatively underserved.
Roger Spicer, Group Chief Executive Officer, Oneglobal Broking, commented: “This acquisition presents a unique opportunity for Oneglobal to expand our capabilities in an emerging product segment at a time when digital assets, while still an emerging part of the financial services industry, continue to grow rapidly.
“As the world becomes ever more digitised, digital assets are increasingly seen as the future of finance, and we are determined to be at the forefront of helping our clients navigate this evolution. Bringing the Fraction Brokers team and their digital asset expertise into Oneglobal is a defining step in our global growth strategy and a clear signal of our commitment to the sector.”
Dibden added, “The real value of this acquisition lies in what it delivers for our clients. Almost every client segment will be exposed to digital assets in some form over time, most likely beginning with stablecoins, and through this acquisition, our clients gain immediate access to proven knowledge and experience in managing digital asset exposure and risk. It also strengthens our position in a market with significant momentum.
“Hong Kong has a stated policy goal to support the orderly development of regulated virtual asset markets, including the issuance of HKD stablecoins. We are excited to combine that local momentum with Oneglobal’s global reach.”
Hong Kong has continued to develop a supportive regulatory framework for digital assets. Digital asset insurance falls under the Hong Kong Insurance Authority’s general insurance regime, while the Securities and Futures Commission (SFC) regulates virtual asset service providers.
