Crypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed custody platform, Hex Safe.
UnionBank of the Philippines, one of the country’s largest banks by total assets, has selected Hex Trust, a Hong Kong-based digital assets custodian, to test a crypto custody service.
Hex Trust, a Hong Kong-based digital asset custodian, today announced that it has secured investment from Cyberport, a technology incubator project backed by the Hong Kong government.
Hex Trust, a Hong Kong-based digital asset custodian, has appointed Colin Brooks as chairman of its advisory board. First appointed to the advisory board in July 2020, Brooks has over 35 years of experience in the securities industry, including 30 years in Asia.
As attitudes towards digital assets become more positive, the next few years will see the digital asset industry become more mature, with clearer regulations around digital assets and the establishment of a vibrant digital ecosystem.
Hex Trust, a Hong Kong-based digital asset custodian for the banking sector, has partnered with Chainalysis, a blockchain analysis and cryptocurrency crime expert, to enhance the compliance features of its custody platform.
Blockchain monitoring platform Parsiq has teamed up with Hong Kong-based digital asset custodian Hex Trust to provide bank-level security for digital assets. While keeping Parsiq’s PRQ tokens safe, the partnership also offers Hex Trust’s clients additional security with enterprise-grade monitoring.
Digital asset custodian Hex Trust has completed a multimillion-dollar raise from prominent cryptocurrency and traditional investors to further its products and scale its operations.
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