Hex Trust secures strategic funding led by Morgan Creek Digital to bolster its institutional digital asset custody and staking services ahead of anticipated growth.
Information on the Target
Hex Trust is a leading provider of institutional digital asset custody, staking, and market services, recognized for its extensive expertise in the financial technology domain. Founded in 2018, the company has established a strong portfolio, serving over 300 institutional clients and safeguarding more than $5 billion in assets across diverse global locations including Hong Kong, Singapore, Dubai, France, and Italy.
The recent strategic funding round, which surpassed $100 million in total funding, underscores Hex Trust's position as a trusted partner for institutional investors and service providers while setting the groundwork for a projected Series C funding round later in 2025.
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Industry Overview in the Target’s Specific Country
The institutional digital asset custody industry is experiencing rapid growth, driven by increasing demand for secure and compliant solutions in response to the evolving cryptocurrency landscape. Major global
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Morgan Creek Digital
invested in
Hex Trust
in 2025
in a Other deal
Disclosed details
Transaction Size: $100M