Hex Trust raises USD6m for expansion

Hex Trust, a Hong Kong-based digital assets custody platform provider, has raised USD6m in a Series A funding round. The investment will enable Hex Trust to scale operations and hire key talent in Hong Kong and Singapore to meet growing institutional interest in digital assets in Asia, particularly among banks, exchanges, and corporate clients. In 2021, Hex Trust will also focus on expanding into the European market, where it already has a strategic partnership with SIA,  the Milan-based provider of banking technology infrastructure.

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