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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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. Tokenized RWAs are an opportunity to bridge the traditional financial market with blockchain-based technology, subsequently bringing the benefits of blockchain to RWAs.
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.
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 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.
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?
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.
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.
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.
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 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.
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.
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.