Hex Trust

company

About

Hex Trust is a fully-licensed and insured provider of bank-grade custody for digital assets.

Details

Last Funding Type
Series B
Last Funding Money Raised
$61M
Industries
Banking,Blockchain,Cloud Infrastructure,Cryptocurrency,Financial Services,FinTech,IT Infrastructure
Founded date
Mar 1, 2018
Number Of Employee
51 - 100
Operating Status
Active

Hex Trust is a fully-licensed and insured provider of bank-grade custody for digital assets. Through our proprietary platform Hex Safe™, we deliver custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, corporate and private clients. Hex Trust has offices in Hong Kong, Singapore, and Vietnam and is expanding across Europe and the Middle East.

Our mission is to provide the infrastructure that enables banks and financial institutions to adopt and integrate digital assets into their business models within a highly secure, scalable and compliant custody framework.

Hex Trust is registered as a Trust Company under the Hong Kong Trust Ordinance and holds a Trust or Company Service Provider (TCSP) license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. In Singapore, Hex Trust holds a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) allowing the company to provide custodial services regulated under Singapore’s Securities and Futures Act.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$104M
Hex Trust has raised a total of $104M in funding over 2 rounds. Their latest funding was raised on Mar 15, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 15, 2022 Series B $61M 25 Animoca Brands
Liberty City Ventures
Detail
Mar 15, 2022 Secondary Market $27M Detail
Oct 5, 2021 Series Unknown $10M 8 Animoca Brands Detail
Jul 4, 2021 Series Unknown 1 Cyberport Hong Kong Detail
Mar 29, 2021 Series A $6M 9 QBN Capital Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Hex Trust has made 2 investments. Their most recent investment was on Nov 26, 2021, when Neptune Mutual raised $1.75M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 26, 2021 Neptune Mutual
Seed $1.75M Blockchain
Sep 28, 2021 Clearpool
Seed $3M Blockchain

Investors

Number of Lead Investors
Number of Investors
5
37
Hex Trust is funded by 37 investors. Animoca Brands and Liberty City Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Animoca Brands Yes Series B
Liberty City Ventures Yes Series B
Cyberport Hong Kong Yes Series Unknown
Adrian Cheng Series B
BlockFi Series B
Caesar Chad Series B
Cell Rising Capital Series B
COIND Series B
CoinList Series B
Crowd Venture Capital Series B

Employee Profiles

Number of Employee Profiles
19
Hex Trust has 19 current employee profiles, including Executive Joe Caselin
Executive
Executive
Advisor
Board member