In The Media
February 20, 2024
Why a Hong Kong custody CEO is seeking something few want — crypto regulationHex Trust CEO Alessio Quaglini tells DL News custodians need regulatory clarity in Hong Kong.
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March 6, 2025
Hex Trust Receives Major Payment Institution License from the Monetary Authority of SingaporeThe license allows Hex Trust to provide cross-border money transfers and digital payment token services.
February 20, 2025
MAS License, global expansion, regulatory progress, fund raise, instiutional adoptionTune in to the CoinDesk Live desk as we broadcast the most important conversations and insights from key speakers and thought leaders at CoinDesk's launch event in Asia.
February 19, 2025
Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex TrustThe ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic as of late.
December 23, 2024
USDX built to support DeFi ecosystem growth: Hex Trust CEOUSDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities.
December 17, 2024
Hex Trust CEO: We're at the beginning of the next phase of bitcoin and crypto adoptionAlessio Quaglini, Hex Trust CEO and co-founder, discusses the surge in bitcoin after U.S. President-elect Donald Trump's strategic reserve plans were confirmed.
December 6, 2024
Institutional adoption and digital asset market trends.Alessio Quaglini, CEO & Co-Founder of Hex Trust speaks on Crypto Weekly, CNBC Arabia on institutional adoption and digital asset market trends.
July 31, 2024
Hex Trust team up with Tokeny on RWA tokenizationDigital asset custodian Hex Trust has formed a strategic partnership with Tokeny, an on-chain operating system for tokenized securities, to deliver a streamlined tokenization process for real-world assets with fortified security measures.
July 24, 2024
Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution LicenseThe Major Payment Institution (MPI) license would allow Hex Trust to offer regulated Digital Payment Token services, such as custody.
July 11, 2024
Hong Kong’s custodian Hex Trust adds support for Monad blockchainCrypto custodian Hex Trust is teaming up with Monad Labs, becoming the first custodian to offer custody services for the Monad layer-1 network
June 7, 2024
Hex Trust obtains second VASP licence in DubaiHex Trust has obtained a second VASP licence from Dubai's VARA, enabling it to offer broker-dealer, management and investment services, including regulated staking.
June 5, 2024
Crypto exchanges sticking it out in Hong Kong see value in regulator’s ‘safety first’ approachCrypto firms see merit in HK's 'safety first' approach despite exits. 'Deemed licensed' platforms spur optimism, but some doubt viability under restrictive rules in small market. Lawmaker warns 'overly harsh' regulations shake industry confidence.
May 10, 2024
Why Hong Kong’s crypto ETFs matterHex Trust CEO Alessio Quaglini tells The Assets why Hong Kong's crypto ETFs matter.
March 18, 2024
Hong Kong cryptocurrency custodian Hex Trust targets profitability, fresh funding in 2024 as virtual-asset market reboundsHex Trust targets profitability, funding in 2024 as crypto rebounds. After 2023 cuts, CEO says firm expects profits, plans new funding round to capitalize on virtual asset revival.
February 20, 2024
Why a Hong Kong custody CEO is seeking something few want — crypto regulationHex Trust CEO Alessio Quaglini tells DL News custodians need regulatory clarity in Hong Kong.
December 19, 2023
Hex Trust integrates MetaMask Institutional for enhanced DeFi access and securityThe integration allays apprehensions surrounding security and regulatory compliance attached to the DeFi space.
November 29, 2023
Hex Trust CEO on Crypto Custodian Obtaining Full Dubai Operating LicenseInstitutional-grade crypto custodian Hex Trust recently obtained a full operating license from Dubai's Virtual Assets Regulatory Authority (VARA).
November 15, 2023
Crypto custodian Hex Trust receives Dubai VASP licenseInstitutional cryptocurrency custodian Hex Trust adds Dubai to its list of operational jurisdictions in addition to Hong Kong, Singapore, Vietnam, Italy and France.
September 18, 2023
What Europe’s new spot Bitcoin ETF means for global marketsHex Trust Managing Director Calvin Shen - Europe’s first spot Bitcoin ETF ushers in an era where traditional finance and crypto are converging, setting the stage for digital assets to become mainstays in the economy.
August 14, 2023
An ETF will bring a revolution for Bitcoin and other cryptocurrenciesHex Trust Managing Director Calvin Shen - A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia.
August 3, 2023
Crypto Custodian Hex Trust Expands European Foray With Registration in FranceDigital asset custodian Hex Trust has expanded its regulated footprint in Europe, winning registration from France's Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).
June 19, 2023
Crypto is leaving the US — and that’s okHex Trust Managing Director Calvin Shen, spoke to Blockworks about how the US regulatory landscape is unsurprisingly encouraging companies and investors to diversify to other jurisdictions like the Middle East, Asia and Europe.
May 12, 2023
Rules in Crypto Are a Good Thing, We PromiseHead of Custody, Giorgia Pellizzari, breaks down how crypto regulation needs to move forward for effective investor protection, starting with establishing clear rules for custodians to operate transparently and legally.
January 11, 2023
Ethereum Layer-2 Token Prices Up Double Digits This YearHead of Quant Development David Cicoria spoke to Blockworks about the recent upward price movements of Ethereum layer-2 tokens, and the possible reasons for this bullish action.
January 3, 2023
How crypto custodians can help centralized exchanges win back public trustChairman of Hex Trust Advisory Board Colin Brooks shares his thoughts on the need for stronger protection of investor assets post-FTX, how professional custodians can help resolve the issue of asset safety & why exchanges must collaborate with custodians to develop new, safer models.
November 24, 2022
Hex Trust bags virtual asset license from DubaiDigital asset custodian Hex Trust received the Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) on Nov. 24, according to a press release by the company.
November 22, 2022
HT Markets provides staking support for HederaHT Markets, a member of the Hex Trust Group, now provides staking support for Hedera, an enterprise-grade public ledger for the decentralized economy, enabling financial institutions to participate in staking the protocol’s native token HBAR.
November 15, 2022
The advantages of licensed custodians as crypto wrestles with FTX's implosionCEO Alessio Quaglini reiterates the strengths and advantages of licensed independent custodians in the midst of the crypto industry's struggles with crypto exchange FTX's implosion.
August 18, 2022
Crypto winter may be just what DeFi needs to grow and thriveHead of Financing Dario Capodici shared with Forkast.news on what will help DeFi companies survive in the bear market & emerge even stronger.
July 20, 2022
Emerging Giants in Asia PacificHex Trust was featured by KPMG & HSBC as one of the top 10 Emerging Giants in Asia Pacific that could be valued at US$1 billion when the crypto markets recover.
June 22, 2022
Asian crypto custodian Hex Trust scores provisional approval in DubaiHex Trust, a crypto custody service, has secured provisional approval from regulators in Dubai and will open a regional office in the city.
May 10, 2022
How tokenization could transform Hong Kong’s fixed income marketsHex Trust CEO Alessio Quaglini shared with Forkast News on how institutional-grade custodians can help investors safely access tokenization of fixed income products under Hong Kong's changing digital asset regulation landscape.
April 29, 2022
Hex Trust on CoinDesk TV: State of Crypto in Asia & Series B PlansLive on CoinDesk TV: Hex Trust CEO Alessio Quaglini talks about the state of #crypto in Asia, metaverse & GameFi growth in the region, and expansion plans after Series B.
March 16, 2022
Hex Trust Raises $88M for Crypto Custody Focused on the Gaming SectorAsia-focused crypto custody provider Hex Trust has raised $88 million in a funding round co-led by Animoca Brands and Liberty City Ventures.
March 16, 2022
Crypto custodian Hex Trust raises $88 million in Series B fundingHex Trust, an institutional crypto custodian based in Hong Kong, has raised $88 million in a Series B funding round.
March 16, 2022
Animoca, Ripple Back Crypto Custodian at $300 Million ValuationHex Trust, a Hong Kong startup offering custody services for crypto assets, has seen its valuation rise 10-fold in a year to $300 million with a financing round led by Animoca Brands and Liberty City Ventures.
November 25, 2021
Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFiHex Trust will serve as custodian and provide financial services to gamers in Animoca Brands’ ecosystem, which includes The Sandbox, according to the press release. The services will also include banking services for NFTs and other crypto assets, the statement said.
November 9, 2021
3 themes driving institutional adoption of digital assetsWhat makes 2021’s roaring crypto market different from 2017’s are the banks and VCs piling in, writes Calvin Shen of Hex Trust. What’s behind their crypto adoption?
October 12, 2021
Hex Trust integrates Hedera Hashgraph into custody platformHong Kong-based digital asset custodian Hex Trust has integrated enterprise-grade public blockchain network Hedera Hashgraph into its Hex Safe custody platform, the company announced today.
October 5, 2021
Crypto Custodian Hex Trust Gets $10M in Latest Investment Round Led by Animoca BrandsCrypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed custody platform, Hex Safe.
August 30, 2021
Crypto Custodian Hex Trust Secures Key Singapore LicenseDigital asset custodian Hex Trust has obtained a key license from the Monetary Authority of Singapore.
August 18, 2021
Philippines’ UnionBank Taps Hex Trust to Test Digital Assets CustodyUnionBank of the Philippines, one of the country’s largest banks by total assets, has selected Hex Trust, a Hong Kong-based digital assets custodian, to test a crypto custody service.
June 30, 2021
Hong Kong’s Cyberport invests in digital asset custodian Hex TrustHex Trust, a Hong Kong-based digital asset custodian, today announced that it has secured investment from Cyberport, a technology incubator project backed by the Hong Kong government.
June 16, 2021
Hex Trust Names Chairman of Advisory BoardHex Trust, a Hong Kong-based digital asset custodian, has appointed Colin Brooks as chairman of its advisory board. First appointed to the advisory board in July 2020, Brooks has over 35 years of experience in the securities industry, including 30 years in Asia.
May 13, 2021
Hex Trust teams up with crypto crime expertHex Trust, a Hong Kong-based digital asset custodian for the banking sector, has partnered with Chainalysis, a blockchain analysis and cryptocurrency crime expert, to enhance the compliance features of its custody platform.
April 19, 2021
Parsiq taps Hex Trust as digital asset custodianBlockchain monitoring platform Parsiq has teamed up with Hong Kong-based digital asset custodian Hex Trust to provide bank-level security for digital assets. While keeping Parsiq’s PRQ tokens safe, the partnership also offers Hex Trust’s clients additional security with enterprise-grade monitoring.
March 29, 2021
Hex Trust Raises $6M in Series A Led by QBN CapitalDigital asset custodian Hex Trust has completed a multimillion-dollar raise from prominent cryptocurrency and traditional investors to further its products and scale its operations.
March 3, 2021
Hex Trust Launches Licensed Custody Service for Non-Fungible TokensDigital asset custodian Hex Trust has launched a secure way of storing valuable non-fungible tokens (NFTs).
February 2, 2021
Hex Trust integrates Algorand blockchain into its custody platformThe Algorand Foundation has partnered with Institutional-grade digital asset custodian Hex Trust to bring the Algo token and tokens built using the Algorand ASA standard onto the Hex Safe custody platform.
August 24, 2020
IBM, Intel, AMD take different routes to hardware-based encryptionOur Co-founder & CTO, Rafal Czerniawski, was recently interviewed about how we're working with IBM for hardware encryption.
August 19, 2020
Ep. 26 | US Fed taps MIT for CBDC research as China intensifies DCEP testing. YAM protocol soars before crashingForkast News features our latest investment from Kenetic in their top blockchain news of the week.
August 12, 2020
Alessio Quaglini CEO Hex Trust Interview - Institutional Crypto Demand - Bitcoin, Tezos, R3 XRPOur CEO, Alessio Quaglini, was interviewed on the 'Thinking Crypto' YouTube Channel. The topics discussed include Institutional and banking demand for digital assets rising, Ex-HSBC Head of Custody - Colin Brooks, joining our Team, Our integration with Tezos and how we're working with R3.
August 6, 2020
Blockchain a potential game changer in asset management, but cost and regulatory issues may be hurdlesIn Asia Asset Management's latest issue, they interviewed Sam Ameen from our Hex Trust team on his insights on how the Asset Management industry is adopting blockchain technology.
July 27, 2020
Institutional Market Infrastructure Interview Series — Volume II: Custody & SecurityThe Block recently interviewed us as part of their institutional infrastructure series along with the other major custodians in the industry. Topics discussed include feedback on security methods, roadblocks regarding regulations...
July 8, 2020
3 critical responsibilities of digital asset custodiansWe were invited by IBM to write an article for their website on how Digital Asset Custody is evolving. Alessio Quaglini, our CEO, shared his thoughts on how the role of custodians will be a critical building block for the new financial markets infrastructure.
July 6, 2020
Mason Private Bank getting a jump on digital assetsDigFin wrote about our digital assets custody partnership with Mason Privatbank Liechtenstein. It dives into how we integrate our solutions with the bank’s technology, enabling clients to trade while their assets never leave our secure custody.
June 16, 2020
Mason Privatbank in Liechtenstein Offers Digital Asset Custody Services for Asia-Based ClientsFintech News Switzerland covers our partnership where Hex Trust has been selected to offer digital asset custodian services to Asia-based clients of Mason Privatbank Liechtenstein AG.
June 12, 2020
This Liechtenstein Bank Can Now Custody CryptoMason Privatbank Liechtenstein AG has become the latest private bank to offer digital asset custody through a partnership with Hong Kong-based Hex Trust.
May 7, 2020
Hex Trust Joins Hands with Celo Alliance to Provide Custody Support in AsiaLeading digital asset custodian in Asia, Hex Trust, announced on Wednesday that it had joined hands with the Celo Alliance. As a part of the ‘Alliance for Prosperity,’ Hex Trust will provide custody support to Celo Blockchain’s native token, Celo Gold.
April 20, 2020
Video Interview: Alessio Quaglini CEO Hex Trust, Institutional Custody, R3 Corda XRP, Bank TokenizationDuring the interview with our CEO Allessio Quaglini, we discuss how banks are adopting digital assets, how CBDC's will impact the industry and our partnerships with R3 and IBM.
April 12, 2020
Hex Trust Is Now the First Licensed Crypto Asset Custodian in Hong Kong to Integrate with R3’s DLT-based Corda PlatformWhub featured our recent partnership with R3 in their Hong Kong Startup News Roundup - 12 April 2020.
April 4, 2020
Hex Trust Becomes First Licensed Digital Asset Custodian in Hong KongHong Kong-based digital asset custodian Hex Trust announced on Wednesday that it had become the first licensed company from the country to be integrated with the R3 network’s Corda platform.
April 3, 2020
R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security TokensAsian banks interested in issuing security tokens on R3’s Corda now have a local custodian.
April 1, 2020
FinTech Association of Hong Kong Spotlight SeriesIt's great to be part of the growing #Fintech ecosystem in Hong Kong, thanks to FTAHK.
March 3, 2020
Hex Trust Enters Into Collaboration With Bitfury’s CrystalHex Trust has now decided to work in close coordination with Crystal to boost diligence procedures and enhance compliance for their customers.
February 10, 2020
Hong Kong Blockchain Ecosystem MapThe Hong Kong Blockchain Ecosystem is the bridge connecting blockchain startups and leading financial institutions in Hong Kong.
January 17, 2020
Hex Trust featured in the Digital Assets Custody StudyThank you to Distributed Ledger Consulting and Dr. Sven Hildebrandt for featuring us in the 1st Digital Assets Custody Study. Just click on "Download PDF" on their Homepage in order to download the Study.
January 14, 2020
Hex Trust Custody Platform made Possible through IBMThanks to Security Tokens & Digital Securities - Securities.io for the feature on our business partnership with IBM.
December 30, 2019
18 Promising Hong Kong FinTech Startups You Need To Know AboutHere you can find the extremely promising startups of the Hong Kong FinTech Week 2019, Hex Trust is one among them.
November 28, 2019
Hex Trust featured in Newspaper Hong Kong Economic JournalCovering how we're fostering the corporate adoption of blockchain technology from our Interview at Cyberport.
January 27, 2019
Blockchain.News Interview with Managing Partner of Hex Trust Alessio Quaglini on Digital Asset CustodyWe conducted an interview with Alessio Quaglini, the Managing Partner of Hex Trust who has extensive experience in Investment Banking, Financial Services and regulation. He shared with us his views on the digital asset custody sector.
August 8, 2018
Hong Kong startup makes crypto custody playHex Trust (Hex Capital) began existence in 2017, when Alessio Alessio Quaglini, an ex-banker (BBVA, First Abu Dhabi Bank) teamed up with Rafal Czerniawski, a bank technologist (CLSA, Betatron) and Marc Amez-Droz, a serial entrepreneur with experience in different industries.