Hex Trust achieved regulatory approval in France for digital asset custody services, marking a significant milestone in their expansion across Europe. Additionally, Grayscale's court victory against the SEC reignited hopes for the approval of a Bitcoin ETF, which has the potential to revolutionize the industry and drive broader adoption among mainstream investors.
July was an eventful month, with XRP causing a ‘Ripple Effect’ across the crypto industry. Ripple scored a win in their three-year-long case with the SEC with the court ruling that XRP was not a security.
Recent news has shown that investors and existing crypto players are gaining confidence and trust in digital assets with the entrance of prominent TradFi players.
As regulatory pressures and blockages have started to pile up in the US, crypto is now going through an avulsion. Many companies based in the US are redirecting their flow of activities – diverting to new channels like Dubai, Hong Kong, and Europe.
It’s great to see how the world’s been gearing up to provide clear-cut rules around crypto and digital assets – especially in Hong Kong this month, the very place where Hex Trust was born and bred.
In the crypto world this month, one infamous twitterati has taken the main stage: Balaji Srinivasan, ex-Coinbase CTO and former a16z partner, who’s on stage with a $1 million bet. A bet that Bitcoin will reach $1 million by June this year.
In our last article, we talked about Crypto's 2023 New Year's resolution to restore confidence in the industry. It's not an easy task, but it looks like that is finally starting to happen.
Like any other industry, we’ve seen our fair share of mistakes made in the digital asset space. Mistakes are indeed a fact of life, but it’s the rapid and effective response which sets crypto apart from any other emerging tech industry.
What has arguably been one of the most hectic years in crypto, has finally come to an end. So we wanted to take this opportunity to share our take on recent developments, and what might happen next.
November has been a wild ride for all of us in the digital asset industry – starting with the FTX fallout. But we don’t see this as an obstacle for the crypto community’s growth. Instead, it’s an opportunity for all of us to grow and do better.
In October 2022, Hex Trust was featured by Tatler Asia, attended several panels, introduced key members of the team, and published a piece covering our long-time DeFi partner: Clearpool.
In September 2022, Hex Trust was a title sponsor for TOKEN2049 Singapore, welcomed a new advisory board member, hosted a webinar on The Block & published a piece covering fashion brands entering the metaverse.
In August 2022, Hex Trust won an award, spoke at numerous panels, and published pieces covering sustainable DeFi growth, risk management practices, opportunities for family offices and the fundamental principles of digital asset custodians.
In April 2022, Hex Trust was featured on CoinDesk TV, entered a strategic partnership with Metamask Institutional and attended several panels, webinars & events.
In February 2022, Hex Trust entered the metaverse with the purchase of a LAND estate in the Sandbox, partnered with Celo, obtained the Cloud Security Alliance (#CSA) STAR Level 1 Certification...
At Hex Trust, the past 12 months have been an exciting and wild ride. We closed two fundraising rounds, welcoming a broad range of top-notch global investors as some of our closest partners.
December is usually a quieter month for most industries as people take time off to rest and recharge over the holiday period. However, crypto never sleeps, and at Hex Trust things have been as busy as ever.
August was another month of traction for Hex Trust as we announced our partnership with Union Bank of the Philippines and our new collaboration with Tezos. On the team side, we continued to expand with several key hires, including Chief Information Security Officer, Shane Read.
For Hex Trust, it was another month of expansion as we successfully closed an investment from a key strategic partner and won a Digital Asset Custody award which was a testament to the team’s hard work over the last 12 months.
During the month of May, the crypto market witnessed a major crash as prices dropped over 50% in Bitcoin and over 70% in many alts. What was the cause?
March was a milestone month for Hex Trust as we announced the successful close of our Series A and continued scaling our team and operations in Hong Kong and Singapore.
As we start 2021, we took some time to reflect on 2020, which has been a transformational year for both Hex Trust and the digital assets industry as a whole. Here are some Hex Trust’s highlights from the last 12 months.
It’s been another busy month for Hex Trust during September as we onboarded several new clients and closed a couple of strategic partnerships. Here’s a review of what we’ve been working on and the key highlights from the digital asset ecosystem.
It’s been a busy August for Hex Trust with several exciting developments, new partnerships, and strategic investors we’ve brought on board. Here’s an overview of what’s been going on plus key industry highlights including the rise of DeFi.
Despite the challenging and uncertain macro environment, we find ourselves in, Hex Trust continues to expand in terms of our client base, enhancing our products, building our team, and expanding our geographical presence.
2019 was an incredible year of growth for Hex Trust where we launched our product, grew the team, and secured some exciting partnerships. Here are the main highlights of the year.
The crypto industry’s large scale fallouts such as the FTX saga, may have led to the temporary loss of user trust and confidence, but it also did two things: unveil the true promise of decentralized exchanges, and provide important constructive lessons for the centralized exchanges that remain standing.
Chief Financial Officer Andrew Economos shares how the current banking crisis may just prove to be a watershed event for institutional adoption of crypto and other digital assets.
Alleviating blockchain network congestion has been at the forefront of Web3 innovation, and an entire sector in the digital asset industry exists to tackle this: scaling solutions.
Head of Markets Dario Capodici, shares his views of the crypto market with a Nascar analogy - and how the combination of blockchains and custodians will lead the crypto race.
Chairman of Hex Trust Advisory Board Colin Brooks shared how licensed digital asset custodians can help restore trust in the industry following the collapse of renowned crypto exchange FTX.
Many iconic fashion brands have started making big moves in the metaverse. What are fashion brands currently doing & what are the building blocks of an effective metaverse strategy?
This report provides an overview of the blockchain ecosystem and guides family offices on allocation of portfolios, ensuring safe and secure custodial ownership of digital assets.
Managing Director Calvin Shen, shares how the evolution of digital asset markets and growing institutional participation in the decentralized economy is shaping the role of digital asset custodians.
Head of Financing Dario Capodici shares his views on the alternative investment opportunities that DeFi offers in times of financial instability and macroeconomic concerns: money market protocols, liquidity staking & yield farming.
Head of Trading Rolland Hoang shares his views on what the digital asset market has in store for us in 2022 across regulated DeFi, stablecoins, Layer 1 protocols, and the convergence with traditional financial markets.
Bringing the metaverse to life could be a market opportunity worth over $1 trillion. That’s one of the key takeaways from Grayscale’s November report which explores the massive potential of the Web 3.0 internet evolution currently underway.
Digital assets are becoming more ubiquitous every day with technological upgrades and rapidly increasing usecases including tokenized securities, NFT-based art, and GameFi to name but a few.
There has never been a stronger drive behind the adoption of digital assets, with institutional investors in particular eager to integrate the new asset class into their operations.
I am highly confident that digital assets will become part of the mainstream asset management industry. For me the question is not whether it will happen, but rather how long it will take.
Ethereum is gearing up for a system-wide upgrade that will radically change the way the platform is both used and secured. There have been several upgrades over the past five years, intending to improve Ethereum’s usability and scalability.
The previous edition of these written fintech-perambulations looked at global trends in fintech investment and growth. This instance will focus closer to home — Asia — and consider several of the unique factors that differentiate the growth of fintech in Asia from the rest of the world.
In discussions of what will lead to successful fintech ventures the focus is often on the technology. While the technology is obviously an important component in the success of a fintech idea or venture, the truly critical driver is how well the new approach helps better meet the needs of the end client.
Thoughtful Fintech professionals will often passionately debate the question of evolution v. revolution, wondering which will dominate and which is the pathway to their own success.
Recently, Alessio Quaglini, Managing Partner at Hex Trust, was featured in Blockchain.news discussing the evolving state of institutional custody for digital assets.
Tokenization of real-world assets (RWAs) has taken the world by storm, and many have already begun to recognize the long-term promise of the use cases.
On April 12, one of the most monumental moments in crypto history took place: the Ethereum Shanghai upgrade. The upgrade was a big key step following the Ethereum Merge that happened back in September 2022.
For DeFi to continue scaling beyond its current state, improved access to efficient capital markets is vital. Enter Clearpool: an institutional-grade, decentralized borrowing & lending protocol.
The day marks the biggest event of crypto blockchain history - the Ethereum Merge. What exactly is the Merge and how will it impact all organizations and individuals participating in the decentralized ecosystem?
Polygon, formerly Matic Network, was developed in 2017 and launched in 2020 as a layer-2 solution focused on the Ethereum blockchain. Aiming to “bring the world to Ethereum”, Polygon helps alleviate the network’s congestion and allow more users to access Web3.
The rise in popularity of PoS networks and DeFi has birthed liquid staking, a game-changing staking mechanism unlocking liquidity & accessibility to digital assets.
The Bored Ape Yacht Club project has dominated the NFT space since its launch in April 2021, being one of the most sought after collections to exist. But the iconic PFP NFTs are only the first chapter of the project's story.
The concepts of metaverse, GameFi and play-to-earn (P2E) have been key developments this past quarter, with companies such as The Sandbox leading the way in this sector of the digital asset economy.
Celo is a carbon-negative, Layer-1 protocol with a rich ecosystem of global partners building Web3 applications in support of Celo’s mission to create a more inclusive, accessible global financial system.
Aave is one of the largest credit protocols in the DeFi space with its current TVL standing at $12.24B and market cap at $1.7B. Also known as “the lending platform of tomorrow”, Aave is a pioneer in the lending ecosystem.
Hedera is an enterprise-grade public ledger and governing body which supports new and existing decentralized applications on the web 3.0 scale. Self-proclaimed as the 3rd generation of blockchains, Hedera has introduced groundbreaking technology with high speed, low costs and effective security for its users.
2021 was the year of the “NFT Revolution” — markets generated over $23 billion in trading volume this year, and it’s expected to increase even more in 2022. But NFTs have been around for quite some time already… so what made this year so special?
Using a modular network design, the Klaytn platform aims to make it easy and convenient for businesses to customize and operate their own service-oriented blockchains.
The blockchain trilemma is a concept coined by Vitalik Buterin that essentially states that existing blockchains can offer at most two of the following three properties: Security, Scalability, Decentralization.
Hex Trust’s CEO and Co-founder Alessio Quaglini was a keynote speaker at HK Web3 Festival, where he was invited to speak on the main stage to discuss the implications that blockchain and Web3 have on our perception of trust, responsibility, and authority.
In our Safespace Session 2, we explored how to build a secure and inclusive Metaverse. Experts shared insights on robust security measures, inclusivity initiatives, and the importance of partnerships. Empowering creators and users was emphasized, setting the stage for a thriving and accessible Metaverse. Listen to the full session here.
Alessio Quaglini, CEO of Hex Trust speaks to Carolyn Wright about the role both regulators and crypto custodians play in keeping your digital assets safe.
Hex Trust's CoinDesk webinar discussed the path to onboarding a billion users to the metaverse ecosystem. Featuring speakers from Gryfyn, Animoca Brands, and Darewise.
The first session of Safespace by Hex Trust broke down institutional staking for Hedera and Clearpool, and analyzed the staking demand Hex Trust is seeing from institutions. The conversation was joined by speakers from BCW Technologies, Hedera, and Clearpool.
Hex Trust's The Block webinar broke down the ways strong players in the digital asset industry can collaborate to restore confidence in users and institutions. Featuring speakers from Binance, OKX, and HashKey Capital.
Head of Custody Giorgia Pellizzari was invited to speak at a webinar hosted by Bosonic to discuss post-FTX implications for the digital asset industry on institutional adoption, and how service providers like Hex Trust can help turn things around.
Our Chief Information Security Officer Shane Read recently spoke at a webinar with guests from The Block, THEOS, Arkham, and Bullish to identify ways companies can prevent DeFi attacks and breaches.
Our CEO Alessio Quaglini took to the TOKEN2049 mainstage to discuss mainstream adoption and the future of digital assets. Featuring speakers from PANONY, Ledger and Polygon.
CEO & Co-Founder Alessio Quaglini was invited for a fireside chat at the 3rd Annual Jeffries Asia Forum to discuss Hex Trust's founding background, its journey so far and the outlook of digital assets including DeFi, crypto and NFTs.
CEO & Co-Founder Alessio Quaglini was invited for a fireside chat at GameOn! 2022 to discuss the factors of effective investment strategies in the digiverse and blockchain space.
Hex Trust's The Block webinar broke down the true meaning of digital asset custody, institutional participation in the DeFi ecosystem, misconceptions around custody and more.
Managing Director Calvin Shen was invited to speak at an IBM panel to discuss how institutions can collaborate to further advance in the financial services space. Featuring speakers from IBM, SAP and F5.
Hex Trust was invited to speak at a panel held at the AAX Trends NFT pop-up store: Apes. Gods. Pixels. to discuss the rising popularity of NFTs and how they shape the metaverse. Featuring speakers from Animoca Brands, Metasens & AAX.
Hex Trust was invited to speak at a Consensys webinar breaking down the know-hows of faster, safer, more efficient DeFi investments for organizations. Featuring speakers from Metamask Institutional, Chainalysis & Token X.
Hex Trust was invited to speak at FTAHK's Institutional Adoption of Cryptos, to discuss how fast and deep institutions are integrating themselves into this new asset class. Featuring speakers from Fidelity International and Amber Group.
Hex Trust was invited to speak at the Crypto Regulation Asia Summit, covering investing and holding proprietary positions in digital assets. Featuring speakers from Temasek, OSL and State Street Digital.
Hex Trust was invited to speak at Cyberport FinTech Innocon 2021 to discuss trends and opportunities in FinTech. Featuring speakers from LORA Technologies, Topaz Family Office, and the Family Office Association HK.
Hex Trust spoke at GBA Blockchain Week 2021, breaking down institutionalisation of the crypto asset management industry and funds. Featuring speakers from Amber Group, Copper, CryptoHQ and FinStep Asia.
Hex Trust was invited to the Coinscrum Markets weekly podcast alongside Algorand Foundation to discuss institutional adoption of digital assets in the APAC region.
Hex Trust was invited to speak at a Merkle Science webinar to discuss whether Hong Kong remains a competitive jurisdiction for virtual asset businesses. Featuring speakers from Kenetic and King & Wood Mallesons.
Hex Trust was invited to a panel discussion at Crypto Asia Summit hosted by ChainTalk TV to discuss the future of stablecoins. Featuring speakers from Merkle Science, OKX, Quantum Economics & WaykiChain.
Hex Trust was invited to speak at an IBM webinar to dive deeper into the development of efficient and secure digital asset custody solutions. Featuring speakers from IBM and The Spartan Group.
Hex Trust was invited to Digital Week Online to discuss the decentralized financial system's challenges & opportunities. Featuring speakers from Onchain Custodian, Cointelligence & Plutus VC.
As Head of Platform, my role is quite all-encompassing: I am responsible for activities, technologies, and resources around the build and operations of any of our platforms.
Institutional-grade custody offers investors regulatory peace of mind, as well as robust security measures to ensure full protection of their digital assets. Such security measures include the use of Hardware Security Modules (HSMs) and key sharding.
Wallets can have different temperatures, which measures the degree of accessibility to the wallet through the network/servers. There are hot, cold, and warm wallets.
While there are many custody providers in the digital asset space, choosing the right one is a different story. It all boils down to trust, and who is given the trust to safekeep your organization’s assets. But how exactly do you make such a decision?
When it comes to digital asset custody, there is no one-size-fits-all solution. It’s crucial to do your research, assess the different custody methods available, and choose the right one depending on your needs.
The digital asset market is still very nascent, especially compared to traditional financial markets. So yes, the custody business model exists in both sectors, but the definition of “custody” in the digital asset world is yet to form a concrete identity.
Custodians play an important role in institutional adoption of digital assets. These are the 10 Foundational Principles highlighting the importance of licensed professional custodians.
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