Market Research Report: Hex Trust

Company Overview

Name: Hex Trust

Mission: To unlock ownership in decentralized markets with a vision to secure the permissionless future.

Founded: 2018

Founders: Alessio Quaglini

Key People: Alessio Quaglini (CEO), Calvin Shen (Managing Director), Giorgia Pellizzari (Head of Custody)

Headquarters: Hong Kong

Licenses & Registrations:

Dubai, UAE

Hong Kong

Singapore

Italy

France

Number of Employees: No information is available.

Revenue: No information is available.

What is the company known for: Institutional-grade digital asset custodian providing custody, staking, and markets services for builders, investors, and service providers.

Products

Custody

Offerings:

Full Custody

Escrow

Enterprise Reassignment

Staking

Offerings:

Full Staking Services

Staking Innovation

Validator-as-a-Service

Markets

Offerings:

OTC (Over-the-Counter)

Financing

Key Product Features:

Hex Safe: Institutional-grade custody platform providing compliance-first infrastructure for digital asset storage, supporting various types of assets.

Integration with Multiple Chains:

Support for Ethereum, Polkadot, Bitcoin Cash, Solana, and many more blockchain networks.

Recent Developments

New Partnerships and Integrations

Babylon Labs: Integration for custody and staking of Bitcoin Staking protocol, supporting BTC staking directly on the blockchain.

Grass Protocol: Engaged to support the decentralized network for big data, offering secure and insured custody for the Grass Foundation's token generation event.

Aave Partnership: Integrated Aave, stkAAVE, and aTokens into Hex Safe for secure, institutional-grade custody.

Injective Protocol Integration: Joining as a validator, enhancing security and supporting custody and staking for the Injective ecosystem.

Dymension Partnering: Providing custody and staking services for DYM, expanding their service portfolio to include novel blockchain technologies.

Expansion and Service Offerings

Polygon Integration: Enabled full custody and service support for the MATIC token.

HT Markets MENA Launch: Pioneering fiat on/off-ramp services in Dubai, marking a strategic expansion in the Middle East.

Gryfyn Wallet Launch: Developed in partnership with Animoca Brands, introducing an NFT-centric multi-chain wallet offering seamless and secure Web3 experiences.

Product Enhancements

Line Integration: Entered the Line blockchain ecosystem, enhancing cross-chain transactional capabilities.

SOC 2 Type II Certification by AssuranceLab: Reaffirmed commitment to the highest standards of security and confidentiality through a comprehensive audit.

Summary

Hex Trust stands out as a pivotal custodian of digital assets in Asia and beyond, continually pushing the envelope with regard to security, regulatory compliance, and innovative service offerings. By establishing key strategic partnerships and integrating emerging technologies, Hex Trust maintains its stance at the forefront of the financial sector’s transition into the decentralized economy. Through its systematic geographical expansions and a comprehensive portfolio of staking, custody, and digital market solutions, Hex Trust furthers its mission to facilitate the development and secure management of digital assets on a global scale.