Hex Safe is our bank-grade custody solution for digital assets, which provides a state-of-the-art security framework delivered in partnership with IBM, seamless integration with core banking systems and comprehensive insurance coverage.
“Corda’s unique scalability and security attributes make it ideally suited to heavily regulated environments and we wanted a custodian that operated with those same features. We have found that in Hex Trust and its commitment to the end-to-end safekeeping of digital assets.”
— Cathy Minter, Chief Revenue Officer at R3
Hex Safe has been designed with a multi-layered architecture to deliver the highest degree of security for the assets held in custody.
Secured through distributed shared secrets with a m/n authorization scheme.
Access Time: Near-Instant
Security Features: m/n consensus algorithm with key sharding, and no keys stored on a server.
Multi-authorization with offline cold storage, covered by Hex Trust's insurance policy.
Access Time: < 4 hours
Security Features: m/n consensus algorithm with key sharding, and keys kept in a secure vault.
Highest level of security with remote cold storage, covered by Hex Trust's insurance policy.
Access Time: 24 hours
Security Features: m/n consensus algorithm with key sharding, and keys kept in separate vaults.
Support for over 100 coins and tokens from the top 10 blockchain protocols, in addition to security tokens built on Ethereum, Tezos and Corda.
Customer requests a withdrawal
Transaction needs M of N Authorizations in Authy app
Transaction needs M of N Yubikey shares
Funds are sent
Customer requests a withdrawal
Transaction needs M of N Authorizations in Authy app
Hex Trust performs an identity verification
Transaction is signed in air-gap environment
Funds are sent
Clients seeking regulatory compliance can choose to have assets held by Hex Trust, a licensed custodian focused exclusively on digital assets.
Hex Trust acts as a trustee holding client assets and their corresponding private keys. All transactions initiated and authorized by clients are managed and executed by Hex Safe and Hex Trust operations teams.
The full wallet structure (Frozen, Cold and Warm) can be provided to clients and funds are covered by Hex Trust's comprehensive insurance policy.
Our CaaS solution allows clients to operate and retain full control of their assets without requiring a full on premise implementation and integration.
Hex Trust SaaS solution can also be provided on dedicated hardware and infrastructure, hosted at one of Hex Trust partner data centres.
An agile solution based on Hex Trust proprietary ZeroKey™ technology can also be provided to offer the highest level of security of cold wallets and the speed of hot wallets.
Hex Trust enterprise solution offers the highest degree of flexibility to adapt to clients processes and organizational structures.
On-premises enterprise solution and infrastructure delivered on IBM LinuxONE platform.
The entire process is under complete control of the client and cannot be accessed by Hex Trust support staff unless authorised.
Hex Trust maintains commercial criminal insurance to further safekeep our client assets. The insurance coverage is arranged by Aon via a selection of international insurers.
The insurance is a proprietary Aon solution and covers theft of digital assets, via employee dishonesty or through third parties, held by Hex Trust on behalf of their clients.
Our insurance coverage covers our Cold and Frozen Wallet solutions.
Buffer accounts to receive funds. Funds are credited once cleared, otherwise rejected.
Proprietary AML tools to prove ownership of funds received from specific wallets.
Integrated with best-in-class blockchain analytic providers. Flexibility to integrate with additional analytics providers based on client requirements.
Static and dynamic address whitelisting to ensure transactions are only conducted with verified and compliant entities.
Customizable risk scoring to automate compliance processes and permit manual compliance procedures as required.
Comprehensive user interface for compliance roles and API access.
Trade execution, access liquidity and price discovery via our vast network of liquidity providers via OTC and exchanges.
Secure, straight-through, real-time and near risk-free clearing and settlement for digital asset transactions.
Secure integration with lending and staking partners to generate additional returns on digital assets held in custody.
