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Industry news

Hex Trust launches new solution in Dubai


18 December 2024 Dubai
Reporter: Clelia Frondaroli

Generic business image for news article
Image: Rastislav Sedlak SK/stock.adobe.com
Hex Trust, a provider of virtual assets custody, has officially launched HT Markets MENA, marking it as one of the first firms to facilitate fiat on/off ramp services in Dubai.

The company says it facilitates these services through its secure custody platform, which is available to all institutional clients, and which helps broaden access to virtual assets markets across the region.

Filippo Buzzi, Hex Trust’s regional director of MENA, states: “This unique offering caters to the huge appetite for on/off-ramp services in Dubai and is a significant achievement for HT Markets MENA. We see enormous potential for virtual asset growth in Dubai given the progressive regulations, welcoming governments, and thriving crypto ecosystem.”

This follows regulatory authority approval in Dubai, as well as all relevant virtual assets licenses.
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