GCEX Extends Partnership with Hex Trust for Enhanced Asset Protection

30 October 2024 - GCEX Group, has extended its partnership with Hex Trust, a leading fully-licensed provider of digital asset custody, staking and markets services, to include a Secured Accounts service. This service is designed to provide an additional layer of security and control over digital assets for institutional clients, including hedge funds, asset managers, and brokers.

Through this partnership, GCEX will leverage Hex Trust's institutional-grade custody platform to deliver a Secured Account service for EU and UK clients, ensuring assets are fully segregated and held in compliance with stringent regulatory standards.

"Our Secured Accounts service addresses a critical need for institutional clients by providing a robust mechanism for safeguarding assets, with security as a core priority," says Lars Holst, CEO at GCEX. "At GCEX, we are committed to ensuring the highest level of security for our clients globally. This solution allows clients to manage their digital assets with enhanced reassurance, knowing that our clear, secure processes are in place to protect their assets and enable seamless transfers of control when needed."

Giorgia Pellizzari, Head of Custody at Hex Trust adds, “We are excited to further strengthen our partnership with GCEX to provide EU and UK institutions with a secure, compliant, and efficient solution for managing their digital assets. Our fully-licensed, bank-grade custody platform, coupled with our robust security measures, ensures that clients’ assets are protected at all times.”.

GCEX and Hex Trust have reached an important milestone in their three-year partnership, collaborating to provide secure, reliable and efficient staking services for institutional clients. As GCEX’s custody partner, Hex Trust’s platform leverages advanced blockchain technology to ensure security and transparency, supported by robust custody solutions that safeguard assets throughout the staking process. Hex Trust offers comprehensive staking services for a variety of networks, including EHT, TIA, INJ, and DYM.

Founded in 2018, Hex Trust provides bank-grade financial solutions to over 270 institutional clients, including banks, funds, exchanges, financial institutions, protocols, dApps, and foundations. With a presence in Singapore, Hong Kong, Dubai, France and Italy, Hex Trust has earned a reputation for meeting the strictest regulatory standards and delivering the most secure and pioneering digital asset solutions on fully-licensed infrastructure.

GCEX Group empowers institutional and professional clients to access deep liquidity in CFDs on digital assets and FX, alongside spot trading and conversion of digital assets. The company also offers a comprehensive range of Forex brokerage and crypto-native technology solutions under its XplorDigital suite. XplorDigital features innovative plug-and-play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’. These encompass technology-agnostic platforms addressing regulation while covering regulated custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to the biggest price makers, advanced risk management, and innovative technology partnerships. With a commitment to providing secure, compliant, and innovative solutions, GCEX helps institutions navigate the digital asset market confidently.

Find out more about how to access the benefits of this new partnership here.

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