Hex Trust Unveils HT Markets MENA, Pioneering Fiat On/Off-Ramp Services in Dubai

Provider of virtual asset custody, Hex Trust HT Markets MENA has launched, establishing itself as one of the initial providers in Dubai to facilitate fiat on/off-ramp services through a secure, high-grade institutional platform. These offerings are now open to institutional clients and accredited investors, who must meet a minimum investment threshold of AED 368,000 (around $100,000).

Filippo Buzzi, the Regional Director for MENA at Hex Trust, stated, 'We are among the very first VA broker-dealers operating in the MENA region, creating a safe and efficient conduit between fiat currencies and virtual assets. This innovative service meets the growing demand for on/off-ramp solutions in Dubai and marks a pivotal achievement for HT Markets MENA.' He further noted, 'Dubai presents vast opportunities for the expansion of virtual assets, bolstered by progressive regulations, supportive governmental efforts, and an active crypto environment.'

Since opening its Dubai office in June 2022, Hex Trust has been steadfast in its commitment to fostering growth within the region. The firm maintains a close partnership with the Virtual Asset Regulatory Authority (VARA) to guarantee safe and compliant access to virtual asset investment opportunities.

Hex Trust holds three Virtual Asset Service Provider (VASP) licenses granted by VARA in Dubai. These licenses cover Virtual Asset Custodial Services, VA Broker-Dealer operations, and VA Management and Investment services through HT Markets MENA FZE. Together, these licenses allow Hex Trust to deliver a full suite of virtual asset services, encompassing broker-dealer activities, management and investment services, plus regulated staking options.

Hex Trust Markets Provides OTC Trading Solutions, Enhanced Liquidity, Risk Management Strategies, and More for an Improved User Experience

Hex Trust Markets facilitates secure entry into the decentralized finance (DeFi) space, allowing clients to earn yield through native on-chain staking opportunities, while executing trades with expert guidance from Hex Trust ‘s dedicated Markets team.

Among key features is a global trading team available 24/7, ensuring uninterrupted trading access. They provide OTC trading solutions across the entire spectrum of virtual assets, including tailored buy/sell programs crafted to optimize pricing, timing, and impact on the market while employing proprietary execution algorithms to support custom strategies.

Hex Trust Markets also boasts substantial liquidity and broad access within the virtual asset sector, in addition to risk management strategies designed to fulfill corporate treasury needs. Moreover, Fiat Solutions are on hand to facilitate seamless on-ramp/off-ramp services.

HT Markets MENA offers a secure platform for crypto-fiat conversions through Hex Trust’s fully-licensed custody services, ensuring that investors in Dubai can easily convert their cryptocurrency holdings into fiat currency, promoting a safe and compliant trading landscape. institutional-grade Please be informed that the content on this page is not intended as legal, tax, investment, financial, or other advice. It's crucial to invest only what you can afford to lose and to seek independent financial counsel if you're unsure. For further details, we recommend reviewing the terms, conditions, and support resources provided by the issuer or advertiser. MetaversePost aims to provide accurate and objective reporting, but market conditions can shift unexpectedly.