Hong Kong, November 28, 2024 – Hex Trust, a leading provider of digital asset custody, staking and markets services, has announced the launch of its advanced electronic trading platform. Clients can now execute multiple trade types from Hex Trust’s secure, air-gapped custody platform whilst accessing deep liquidity and efficient pricing from a global network of liquidity providers. Trades can be settled directly into cold storage meaning assets are never routed to exchanges or other third parties, minimizing critical counterparty risks that have notoriously been an issue in crypto.
The electronic trading services are seamlessly integrated within Hex Trust’s fully-licensed, bank-grade custody platform and support institutions from price discovery to execution and settlement. Clients can execute trades directly from within Hex Trust’s secure and regulated cold storage infrastructure.
The comprehensive electronic trading platform is equipped with:
The launch of Hex Trust’s electronic trading capabilities aligns with its mission to provide a comprehensive suite of digital asset services - from custody and staking to markets and products. This milestone follows a series of strategic partnerships, license approvals, and product enhancements, solidifying Hex Trust’s position as the preferred partner for institutions.
“The collapse of FTX highlighted several critical risks in the digital asset industry, including a lack of transparency and asset segregation on centralized exchanges. Our digital asset electronic trading services allow clients to trade directly from cold storage - a unique feature which protects clients from such risks. This, together with deep liquidity, comprehensive asset coverage, advanced order types and analytics makes this a powerful proposition,” said Alessio Quaglini, CEO and Co-founder, Hex Trust. “As a fully-licensed, custodian we have always had an intense focus on compliance, risk management, regulation, governance and security. These core principles form the foundation of our trading services, making Hex Trust’s electronic trading platform a robust, secure and efficient service for our institutional clients.”
About Hex Trust
Established in 2018, Hex Trust offers regulated institutional digital asset Custody, Staking and Markets services to builders, investors and service providers. Get access to our comprehensive, secure and regulated suite of services built on our proprietary and fully integrated infrastructure.
For more information, visit hextrust.com or follow Hex Trust on LinkedIn, X and Telegram.
Disclaimer
This material has been prepared by the Hex Trust group (“we”, “our” or “us”). It is not directed to or construed as solicitation or advertising to any person in any jurisdiction where (by reason of that person's nationality, residence or any other reason) the publication or availability of this material is prohibited or restricted by any law or regulation. This material is not intended for any use that would be contrary to local law or regulation. Products or services mentioned in this material are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions. Without limiting the generality of the foregoing, we are not licensed with the Hong Kong Securities and Futures Commission to carry on business in any regulated activity under the Securities and Futures Ordinance of Hong Kong. Accordingly, persons are required to inform themselves of and observe such laws which are in force in their jurisdictions.
This material is for informational purposes only and is not intended as a recommendation or an offer or solicitation for the purchase of, or to enter into a transaction involving, any digital asset, security or financial instrument or trading strategy, or as a confirmation or valuation of any transaction mentioned in materials created or distributed by us. We make no commitment to transact at any particular price or at all, now, or in the future. No representation or warranty, express or implied, is given by any member of the Hex Trust group as to the accuracy, reliability, or completeness of the information and opinions contained herein. You should not construe the content of any material provided as accounting, financial, legal, tax or other advice, and you should consult your own attorney, financial advisor, tax advisor, accountant or other advisor as to legal, financial, tax, accounting and other matters.
