Hex Trust has officially launched its operations in Dubai after receiving the MVP Operational License from Dubai’s Virtual Asset Regulatory Authority (VARA), after having received its MVP Preparatory License in November 2022.
The MVP Operational License allows Hex Trust to provide Virtual Asset Custodial Services and Staking Services to institutional clients and sophisticated investors. Hex Trust is proud to be the first virtual asset custodian to be able to provide services in Dubai, which is fast becoming a global hub for the sector.
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The Hex Trust Group is the leading fully licensed and insured provider of bank-grade custody and associated services for digital assets in Asia. Led by veteran banking technologists and award-winning financial services experts, the Hex Trust Group has built Hex Safe, a proprietary bank-grade platform that delivers custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, corporations and private clients. The Hex Trust Group has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam.