GCEX extends partnership with Hex Trust 25 November 2024UK Reporter: Klea Neza
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GCEX Group, a digital prime brokerage, has extended its partnership with Hex Trust, a provider of digital asset custody, staking and markets services, to include a secured accounts service.
The companies say this service is designed to provide an additional layer of security and control over digital assets for institutional clients, including hedge funds, asset managers, and brokers.
Through this partnership, GCEX aims to use Hex Trust's institutional-grade custody platform to deliver a secured account service for EU and UK clients, ensuring assets are fully segregated and held in compliance with stringent regulatory standards.
Lars Holst, CEO at GCEX, comments: "Our Secured Accounts service addresses a critical need for institutional clients by providing a robust mechanism for safeguarding assets, with security as a core priority.
“This solution allows clients to manage their digital assets with enhanced reassurance, knowing that our clear, secure processes are in place to protect their assets and enable seamless transfers of control when needed."
Giorgia Pellizzari, head of Custody at Hex Trust, says: “We are excited to further strengthen our partnership with GCEX to provide EU and UK institutions with a secure, compliant, and efficient solution for managing their digital assets. Our fully-licensed, bank-grade custody platform, coupled with our robust security measures, ensures that clients’ assets are protected at all times.”
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