Hex Trust Attracts Significant Investment from Morgan Creek Digital

Provider of financial services for digital assets Hex Trust has proclaimed the successful completion of a strategic funding round led by Morgan Creek Digital and bolstered by a diverse range of global investors, including Injective. With the total funding surpassing $100 million, this investment signifies a key milestone as Hex Trust prepares for its expected Series C funding round later in 2025.

Founded in 2018, Morgan Creek Digital centers its efforts on venture capital investments in the realm of digital innovation. The firm has injected over $400 million into various funds and special purpose vehicles (SPVs), establishing itself as a thought leader in the digital innovation space.

Xavier Segura, General Partner at Morgan Creek Digital, stated, 'We are excited to support Hex Trust in their strategic financing efforts. With over 300 institutional clients and more than $5 billion in assets under custody, Hex Trust has clearly demonstrated its capacity to meet the intricate needs of institutional investors.'

'We believe their emphasis on regulatory compliance, security, and smooth integration with traditional institutional portfolios has uniquely positioned them to meet the increasing demand within the digital asset landscape across the APAC region and beyond. With this funding, we are confident in their team's disciplined strategy and ability to further enhance their market footprint,' added Xavier Segura.

Hex Trust Secures Funding to Propel Expansion of Institutional Digital Asset Services

As the demand for high-quality digital asset solutions aimed at institutions continues to grow, Hex Trust is solidifying its role as a reliable ally for developers, institutional investors, and service providers. The funding will enable Hex Trust to pursue strategic opportunities within Hex Trust 's rapidly growing staking and markets divisions, which may include acquisitions.

This investment enhances Hex Trust's capability to scale its operations, further establishing its position as a pioneering entity in institutional digital asset services.

Established in 2018, Hex Trust delivers licensed custody, staking, market, and investment solutions for more than 300 institutional clients, including banks, funds, exchanges, financial institutions, protocols, brokers, and foundations. With offices in Hong Kong, Singapore, France, and Italy, Hex Trust is renowned for upholding the highest regulatory standards while providing secure digital asset solutions built on robust, institutional-grade infrastructure. Dubai The successful conclusion of this funding round lays a solid foundation for Hex Trust's upcoming Series C raise and emphasizes the company's commitment to delivering secure, scalable, and innovative digital asset solutions tailored for institutional clients.

'This funding is crucial for paving the way toward our Series C investment round, allowing us to continually expand and innovate in our digital asset services for our rapidly growing institutional clientele,' remarked Alessio Quaglini, CEO & Co-founder of Hex Trust, in a public statement.

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