Hex Trust raises more than $ 100 million in the strategic financing round led by Morgan Creek Digital.
Alisa Davidson
Post: February 5, 2025 Update: February 5, 2025 5:28 am
Edit and fact confirmation: February 5, 2025 8 pm
simply
HEX Trust completed the strategic funding round led by Morgan Creek Digital and raised more than $ 100 million in preparation for the series C in late 2025 with the support of Global Investors.
Digital Asset Financial Service provider Hex Trust has completed a strategic financing round led by Morgan Creek Digital and announced the support of global investors including injections. With the total funds exceeding $ 100 million, the investment represents an important milestone as HEX Trust prepares for the expected series C funding in late 2025.
Founded in 2018, Morgan Creek Digital focuses on venture capital investments in digital innovation. The company has invested more than $ 400 million in various funds and special purpose vehicles (SPVs) and is recognized as an thinking leader in the digital innovation sector.
“I am happy to support Hex Trust in the recent strategic finance round. More than 300 institutional customers and more than $ 5 billion are detained, and we think that hex trust has shown the ability to solve the complex demands of institutional customers. ” .
“We believe that the demand for APAC and the digital asset ecosystem after the legacy institution portfolio and regulatory regulations, security and smooth integration can increase the demand for the APAC and the digital asset ecosystem. Through this financing, we have been convicted of the team’s trained approach and the ability to continue to expand the existence of the market, ”Xavier Segura added.
Hex Trust ensures the expansion of institutional digital asset services with new funds.
As demand for institutional -grade digital asset solutions increases, HEX Trust continues to strengthen its position as a reliable partner of builders, institutional investors and service providers. This fund will be used to take advantage of strategic opportunities in the expansion steak and market department of HEX Trust, including potential acquisitions.
This fund expands the operation of Hex Trust and improves the ability to designate it as a market leader of institutional digital asset services.
Founded in 2018, the HEX Trust offers more than 300 institutional customers, such as banks, funds, exchange, financial institutions, protocols, brokers and foundations, with licensed digital asset custody, steaking, marketing, market and investment solutions. Hex Trust has gained a reputation for complying with the most strict regulatory standards through offices in Hong Kong, Singapore, Dubai, France and Italy and providing a safe digital asset solution for institutional grade infrastructure.
The successful completion of this financing round emphasizes the company’s promises to set up a strong foundation for the increase in HEX Trust’s expected series C, and to provide safe, expandable and innovative digital asset solutions to institutional customers.
Alessio Quaglini, CEO and co -founder of Hex Trust, said, “The financing opens the way for the series C investment round when we continue to expand, innovate, and improve the digital asset services we provide for our fast -growing institutional customer base. By written statement.
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About the author
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
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Alisa Davidson
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
More