Hex Safe Institutional Digital Asset Custody

Organization
Hex Trust · Hong Kong SAR China
Solution Type
Platform
Collaboration
Business Collaboration (Joint Venture)

1. Technology overview

Hex Trust is a regulated digital asset custodian founded in 2018 with global operating hubs in Hong Kong and Dubai and regional offices in Singapore and Ho Chi Minh City. It serves financial institutions, protocols, foundations and high-net-worth clients that need to hold digital assets under a licensed, audited custodian rather than on exchanges or self-managed wallets.

Its custody service keeps private keys in air-gapped FIPS 140-3 Level 3 HSMs behind data-diode cross-domain controls, with on-chain segregated wallets and an insolvency-remote legal structure. Clients configure multi-role approval schemes, transaction policies and role-based access, and can add escrow, a Continuity Desk, account re-assignment, staking, OTC markets and fiat ramps. The service supports 34 networks, stablecoins, tokenised real-world assets and NFTs.

2. Highlighted features & specifications

  • HSM key security: Private keys stay in air-gapped FIPS 140-3 Level 3 HSMs never exposed to the internet.
  • Segregated wallets: Each client's assets sit in on-chain segregated wallets under an insolvency-remote structure.
  • Governance controls: Multi-role approvals, transaction policies, role-based access and audit trails govern every transfer.
  • Escrow and continuity: Escrow services, a Continuity Desk and account re-assignment support deals and succession.
  • Staking and markets: Institutional staking, OTC execution, lending and fiat ramps run alongside custody.
  • Broad asset coverage: Supports 34 networks, stablecoins, tokenised real-world assets and NFTs.

3. Potential application

A Vietnamese securities company preparing for the pilot crypto-asset market can use Hex Trust as custody and settlement partner. A bank or fund management company can hold tokenised bonds or money market fund tokens for clients. A corporate treasury can safeguard stablecoin balances used for cross-border payments.

4. Benefits

Institutions hold digital assets with a custodian licensed in Hong Kong, Singapore (MAS Major Payment Institution) and Dubai (VARA). Client assets are segregated on-chain and legally separated from the firm's estate, with insurance coverage listed at up to US$25 million or more. SOC 1, SOC 2 and ISO 27001 controls shorten vendor due diligence. Hex Trust reports US$5 billion in assets under custody and more than 450 clients onboarded.

6. Other information

Founded in 2018. Operating hubs in Hong Kong and Dubai, regional offices in Singapore and Ho Chi Minh City. Licensed as a trust company and TCSP in Hong Kong, MAS Major Payment Institution (March 2025) and VARA licence in Dubai. Acquired Byte Trading in 2025; investors include Animoca Brands, Ripple and Morgan Creek.

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