Hex Trust receive investment from Morgan Creek
07 February 2025 US
Image: stock.adobe.com/bao
Hex Trust, a digital assets financial service provider, has secured investment from Morgan Creek Digital.
The funding aims to help Hex Trust scale and build its reputation as a partner for builders, institutional investors, and service providers.
Alessio Quaglini, CEO and co-founder at Hex Trust, says: "The funding paves the way for our Series C investment round as we continue to expand, innovate and enhance the digital asset services we provide to our rapidly growing institutional client base.”
Xavier Segura, general partner at Morgan Creek Digital, adds: “With over 300 institutional clients and more than US$5 billion in assets under custody, we believe Hex Trust has demonstrated its capability to address the complex needs of institutional clients.
“We think their focus on regulatory compliance, security, and seamless integration with legacy institutional portfolios has positioned them to serve the growing demand in the digital asset ecosystem in APAC and beyond.”
The funding aims to help Hex Trust scale and build its reputation as a partner for builders, institutional investors, and service providers.
Alessio Quaglini, CEO and co-founder at Hex Trust, says: "The funding paves the way for our Series C investment round as we continue to expand, innovate and enhance the digital asset services we provide to our rapidly growing institutional client base.”
Xavier Segura, general partner at Morgan Creek Digital, adds: “With over 300 institutional clients and more than US$5 billion in assets under custody, we believe Hex Trust has demonstrated its capability to address the complex needs of institutional clients.
“We think their focus on regulatory compliance, security, and seamless integration with legacy institutional portfolios has positioned them to serve the growing demand in the digital asset ecosystem in APAC and beyond.”
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