Hong Kong, 9th September 2019: Hex Trust, the leading Asia-based digital assets custodian, has selected TradAir to provide clients with the ability to trade digital assets directly from the Hex Safe custody platform.
Hex Trust bridges the gap between traditional custody and the digital asset world. Utilizing the latest in blockchain technology and the expertise of seasoned bankers and engineers, Hex Trust has built a secure, licensed and insured digital custody solution for institutions. Hex Trust now extends trading capabilities to its users, deploying TradAir’s institutional trading technology as of its core solution.
The TradAir institutional crypto trading platform will provide Hex Trust users with the ability to access an aggregated pool of digital asset liquidity, ensure the best execution while monitoring credit both pre-and post-trade in real-time. Leveraging TradAir’s leadership in trading technology, clients immediately benefit from an optimized user experience, whether trading via TradAir’s advanced HTML5 UI, low latency API or mobile device. The integrated solution provides a streamlined venue for clients with deep liquidity, secure access, and full STP into the custody function.
Alessio Quaglini, CEO at Hex Trust, explained, “We want to provide our clients with the first one stop digital assets custody and trading solution. Leveraging on TradAir’s powerful trading technology, our ability to access liquidity and our digital assets custody service, Hex Trust is providing a fully integrated end-to-end solution to our clients”.
Ayal Jedeikin, TradAir’s CEO, commented: “The institutional crypto trading space has been rapidly evolving in recent months. Bringing together TradAir proven professional grade digital asset trading solution and UX expertise with Hex Trust expert custodian service provides clients the latest technological advancement of trading and custodial services. Ensuring technical leadership and the very best in User Experience has always been the objective of TradAir, which makes working with Hex Trust, who shares this vision a perfect partnership.”
Hex Trust is a leader in enterprise-grade custody for digital assets. Led by innovators from the institutional financial services space, Hex Trust has built a proprietary platform that delivers a modern custody solution for financial institutions, digital asset organizations, and corporations to safely and efficiently operate in the blockchain ecosystem. Hex Trust is incorporated as a Trust Company under the Hong Kong Trustee Ordinance (Cap. 29) and holds a Trust or Company Service Provider (TCSP) license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). Hex Trust has offices in Hong Kong, Singapore, Ho Chi Minh City and is in the process of setting up a presence in London.
Founded in 2010, TradAir provides software to banks and brokerages to facilitate Foreign Exchange (“FX”), Repo and Digital Asset trading activities. TradAir’s technology optimizes trade flows for local and global marketplaces, through innovative UX design and advanced HTML5 technology for desktops and mobile trading. TradAir’s products include an end-to-end institutional trading platform, market making and distribution technologies, integrated sales trader functionality, and customizable front end providing a unique trading experience. For more information please visit https://tradair.com
