Hex Trust Limited
About us
To unlock ownership in decentralized markets, with a vision to secure the permissionless future.
Founded in 2018, Hex Trust operates as a fully licensed digital asset financial institution serving institutional clients across custody, staking, OTC trading, and payment solutions. The company manages over $5 billion in assets under custody for 450+ clients, processing more than $500 million in monthly transaction volume. With offices spanning Hong Kong, Singapore, Dubai, Italy, and Vietnam, Hex Trust holds licenses ensuring 24/7 global coverage. Their infrastructure runs on FIPS-certified Hardware Security Modules and maintains SOC 1/2 and CSA STAR Level 2 certifications, targeting protocols, foundations, financial institutions, and corporate treasuries seeking regulated access to digital markets.
Products
The platform offers institutional custody with Hardware Security Module technology, OTC execution and fiat ramping through their Markets division, and comprehensive staking services including liquid staking integrated with Lido and Validator-as-a-Service. Their Convert-to-Pay API lets institutions accept digital assets and settle in fiat, while Aura by Hex Trust provides digital asset wealth management. The infrastructure supports major networks including Ethereum, Bitcoin, Solana, Polkadot, Cosmos, Avalanche, and Polygon, with token wrapping services including wXRP.
Funding
Hex Trust has raised over $100 million across five funding rounds. The company closed a $6 million Series A in March 2021 led by QBN Capital, followed by a $10 million round in October 2021 led by Animoca Brands. A significant $88 million Series B followed in March 2022, co-led by Animoca Brands and Liberty City Ventures. The most recent strategic Series B round closed in February 2025, led by Morgan Creek Digital, bringing the company's valuation to $300 million. Key investors include HashKey, Primavera, and Injective.
Recent news
In March 2026, Hex Trust announced the successful reaffirmation of its SOC 1 Type 2, SOC 2 Type 2, and CSA STAR Level 2 audits, underscoring its commitment to high-standard global compliance, security, and cloud governance for institutional digital asset management.
Technology
Mobile development currently uses native Swift (iOS) and Kotlin (Android) apps, with an active migration to a unified Flutter and Dart codebase. State management relies on Riverpod or Bloc, with platform channels handling native integrations. The team uses AI coding assistants including GitHub Copilot and Claude, plus Figma-to-code workflows via MCP integrations. Infrastructure runs on IBM LinuxONE and IBM Hyper Protect Virtual Servers, with Kubernetes orchestration on AWS/GCP and infrastructure-as-code tools like Terraform and Pulumi. CI/CD operates through GitHub Actions.
Benefits
Competitive salaries and performance-based bonuses come with generous paid time off, including dedicated leave for birthdays, work anniversaries, and mental health days. Medical and retirement plans are provided alongside professional learning and development opportunities. The company emphasizes its H.E.X culture (Heart, Empowerment, Xcellence) with regular social events and team meetups. Offices in Hong Kong, Singapore, Dubai, and Vietnam offer flexible work arrangements, while employees get access to blockchain conferences and industry events.