Hex Trust buys byte trading to draw institutional investors

Hex Trust, a provider of financial services of the digital asset, has gained a byte trading for an undisclosed price.

Moving aims to improve the hex markets and major services for institutional investors, while marking a new milestone in the evolution of launch from the guardian in the financial institution in full service.

The agreement, announced Friday, followed by HEX TRUST’s initiation of e-trading in November 2024. and a recently funding round with Morgan Creek Digital, bringing its total capital collected to over $ 100 million. Integrating the trading platform for the byte trading in its safe, regulated infrastructure, hex trust aims to offer seamless execution and extended institutional services.

“The acquisition of the bytes trading means another important milestone in the strategic development of hex Trust,” said CEO of hex Trust Alessio Kagaglini in the prepared statement. “Their best technology in class speeds up our transformation, empowering us to meet the growing demands of institutional investors in the space of digital property.”

Hack Hex Trust exceeds custody and commitment, with company launch The market of HT markets in December, enabling institutional investors to convert crypto in fiat through a licensed custody platform. The firm is also recently united With the EXI protocol ClearPool to present Ozean, Blocchain platform focuses on the yield for realizing the real world.

Whether HEX efforts to peek the interests of institutional investors remains to be seen. According to the recent JPMorgan Chase research71% of investors are planning to avoid cryptocurstity in 2025. years.

What is next for HEX TRUST

As HEKS trust continues to scale its institutional offers, this purchase signals an aggressive growth strategy for 2025. Year, with further plans for spreading on the horizon.

Hex Trust has three licenses for virtual property suppliers from Dubai Regulatory body for a virtual asset (Cheats). The company covers custody, mediation and business and virtual asset management – under which HT Tergets Menu Fase are acting.

The company also offers OTC Trading Solutions, Treasury risk management and access to deep liquidity.

Since the opening of his office in Dubai in June 2022. year, hex Trust focused on spreading in the Mena region as he cooperates with cheats to ensure a safe environment for the crypt trading.