Hex Trust is a regulated financial institution in Hong Kong that focuses on digital asset services for institutions. It operates Hex Safe, a bank-grade custody platform designed with a security-first approach and built with partners like IBM. Hex Trust provides a suite of institutional services including custody, crypto staking, over-the-counter (OTC) brokerage, and financing, with revenue from custody and transaction fees as well as staking and market-making activities. The company differentiates itself by targeting enterprise clients (banks, asset managers, foundations, and other financial institutions) and pursuing a proactive, multi-jurisdictional regulatory strategy, holding licenses in Hong Kong, Singapore, Dubai, France, and Italy. It also expands capabilities through strategic acquisitions, such as Byte Trading, to enhance market-making and liquidity. The ultimate goal is to offer a secure, compliant bridge for institutions to enter and operate in the digital asset economy.
Company Size
51-200
Company Stage
Series B
Total Funding
$104M
Headquarters
Central and Western District, Hong Kong
Founded
2018
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