Hex Trust appointed custodian for Mirror Protocol

Hex Trust appointed custodian for Mirror Protocol

December 7, 2020

Hex Trust is proud to be the only licensed custodian supporting the launch of Mirror Protocol by Terra. The platform enables a way to mint crypto assets that mimic the value of shares in publicly traded companies like Apple or Tesla.

Calvin Shen, Head of Sales and Business Development, at Hex Trust, said, “We have built an institutional-grade custody platform to enable the safekeeping of digital assets with the vision that all assets will eventually be digitized. The Mirror protocol is a great step towards that vision.”

Do Kwon, Co-Founder and CEO of Terraform Labs (TFL), the group behind Terra, expressed, “We were motivated to create a way for retail investors around the globe to more easily participate in the US equities market. Mirror enables the minting of synthetics that trace equities and other traditional financial assets demanded by everyday retail investors, further integrating cryptocurrencies into the global economy.”

Institutions can safely custody Mirror (MIR) tokens and all mAssets with Hex Trust. Please reach out if you have any questions: enquiries@hextrust.com

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