Hex Trust, the leading fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the Minimum Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).
HT 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.
Hex Trust won an award in ‘The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers’ 2022 and was named the ‘Best Custody Specialist, Digital Assets, Fintech, Asia’.
Hex Trust has officially expanded to Europe by opening its first European office in Milan, Italy. This is an essential milestone in Hex Trust's expansion strategy in Europe, also in light of the forthcoming implementation of the Markets in Cryptoassets (MiCA) regulation.
Hex Trust has obtained from the Government of Dubai's Virtual Assets Regulatory Authority (VARA) to receive a Virtual Asset MVP License, and is opening an office in Dubai which will be used as its regional headquarters in the Middle East.