Hex Trust

Calvin Shen, Hex Trust’s CCO, was invited to speak on the "BTC in Telegram" panel at TON Foundation’s annual conference, The Gateway, in Dubai. Alongside FBTC’s Zuki Hong , Stacks’ Kyle Ellicott and TON’s Roman Krutovyi Calvin shared his insight on the intersection of TON, Bitcoin, BTC Teleport, yield opportunities, and BTCFi potential. TLDR💡 🔒 To support the movement of traditional financial institutions into decentralised finance, and increase their investment in Bitcoin, institutions need the same core principles of compliance, security, governance and risk management that they’re accustomed to. 🔓 Working with a regulated and licensed counterparty like Hex Trust, and leveraging our institutional-grade infrastructure, will enable institutional access into BTCFi, propel investment in Bitcoin, and unlock Bitcoin’s utility. 📈 We’re still early in this movement. BTC TVL is only 1% of market cap, compared to Ethereum’s 15%. One of the biggest tailwinds is bringing in the regulatory parameters to allow big capital to enter the space in a secure manner. 🚀 In next 5-10 years, we won’t call this BTCFi - simply Bitcoin. Bitcoin is established as an investable asset class; an asset class that is already legitimized, and an asset that everyone can invest in. Now that traditional institutions are finally investing into BTC, they’re beginning to consider utility - staking, liquid staking, borrowing and lending, collateral management, and more. We’re just getting started! Catch Calvin’s segment here 👇

🚀 Hex Trust Launches Integrated Digital Asset Electronic Trading Platform! We're excited to announce the launch of our advanced electronic trading platform, designed specifically for institutional clients. Clients can now execute multiple trade types from Hex Trust’s secure, air-gapped custody platform whilst accessing deep liquidity and efficient pricing from a global network of liquidity providers. Key features include: 🔒 Institutional-Grade Security: Assets always remain securely in custody and benefit from robust security measures. ⚡ Direct Settlement: Clients have the option of entering into trades without moving their assets to exchanges, brokers or decentralized protocols. Assets remain in cold storage and spot trades are settled intra-day. 💧 Deep Liquidity: Industry-leading liquidity providers with tight spreads, optimal pricing and trade execution.  📊 Full Trade Lifecycle: Advanced order types, live quotes, RFQ-based pricing. 🤝 Comprehensive Digital Asset Coverage & Flexible Trade Sizes: Support for a diverse and growing list of asset pairs. Ability to trade both small and large ticket sizes. 🗣 “The collapse of FTX highlighted several critical risks in the digital asset industry, including a lack of transparency and asset segregation on centralized exchanges. Our digital asset electronic trading services allow clients to trade directly from cold storage - a unique feature which protects clients from such risks. This, together with deep liquidity, comprehensive asset coverage, advanced order types and analytics makes this a powerful proposition,” said  Alessio Quaglini, CEO and Co-founder, Hex Trust. Learn more here 👉🏽https://lnkd.in/gDYwNps8

Hex Trust will be in Barcelona for Fireblocks SPARK from 2-5 December. Join Calvin Shen and Paolo Gagliano to connect and collaborate. Look forward to engaging with fellow innovators and thought leaders 🚀 DM to meet-up 📩 Fireblocks

📊 This week on Market Pulse: BTC rose ~9% to new ATHs of $99.7k, just shy of the psychological $100k level. MSTR reached new ATHs on additional funding and BTC purchases, but dropped after a Citron Research short note. BTC also set new relative ATHs against SPY, surpassing 2021 levels amid rising volatility. SEC Chair Gensler’s upcoming departure boosted (SEC-targeted) altcoins, which outperformed BTC by ~5.8% suggesting a potential alt-season, while SOL reached new ATHs of~$263. Equities remained steady despite geopolitical tensions and mixed reactions to NVDA results, with some broadening action as US long-end rates backed-off slightly. The DXY gained ~0.8% to mark a new 52-week high. ⤵

🎉 We’re pleased to announce the extension of our partnership with GCEX, a leading regulated digital prime brokerage, to introduce a new Secured Accounts service. This addition enhances the security and control of digital assets for institutional clients, including hedge funds, asset managers, and brokers. By leveraging Hex Trust's institutional-grade custody platform, GCEX will ensure that assets are fully segregated and compliant with stringent regulatory standards for EU and UK clients. 🗣 “We're excited to further strengthen our partnership with GCEX to provide secure, compliant, and efficient solutions for managing digital assets.” - Giorgia Pellizzari, Head of Custody, Hex Trust. Together, we're committed to delivering innovative and robust services that empower institutions in the digital asset market. Learn more 👉🏽https://lnkd.in/gce-FdcX #DigitalAssets #Custody #Staking #InstitutionalInvestors #HexTrust #GCEX

Thrilled to have participated in the Core DAO Quarterly Webinar last week. Hex Trust's Roshan Daswani shared insights on Core DAO’s network growth, non-custodial bitcoin staking and the benefits of dual staking models. Great to speak alongside an esteemed panel, including: Core Dao's Rich Rines Leo Mizuhara from Hashnote , Drake Breeding from Figment and moderated by Token Relations' Jacquelyn Melinek Key highlights included: 📈 Core’s network growth: Core's Total Value Locked (TVL) surged over 24,000% this year. 💰Yield opportunities for institutions: The significance of non-custodial Bitcoin staking for institutional investors looking to earn yield while retaining custody. 🚀 Innovative dual staking models: We explored how dual staking enhances scalability and sustainability in the Bitcoin ecosystem, providing institutions with flexible options to maximize their yields while maintaining asset control. Exciting times ahead as we continue to drive innovation in the Bitcoin space! Check out the full recording here 👉 https://lnkd.in/gWKX9PFQ

🗞Get the latest #crypto news and insights from our network of clients, investors and partners in the Hex Trust Ecosystem Updates. This week’s edition features updates from: Polygon Labs, Clearpool, Hedera, Borderless, Animoca Brands and Algorand Foundation 👉

🚀 Hex Trust becomes one of the first firms to support DeFi, custody and staking on The Open Network (TON) We're excited to announce that Hex Trust has integrated with TON, offering institutional clients access to the entire TON stack: TON custody & staking, Jettons custody and TON DeFi support via TON Connect. Enhancing Digital Asset Management with TON: TON is a high-performance blockchain with lightning-fast transaction speeds and robust smart contract capabilities. By integrating TON, Hex Trust empowers clients to securely manage TON assets and participate in the growing TON DeFi ecosystem, all within Hex Trust’s industry-leading, fully-secure platform. This allows clients to diversify their holdings and engage with the fast-growing market of decentralized applications on the TON network. Learn more 👉🏽 https://lnkd.in/gNWPXQwQ TON Foundation #TON #DeFi #Custody #Blockchain

📊 This week on Market Pulse: BTC marked a strong follow-through week, reaching new ATHs of ~$93.5k, achieving a YTD market dominance of ~61%. ETH underperformed, hitting new YTD lows against BTC and SOL, while SOL is approaching its ATH. The overall crypto market cap has risen above $3T, signaling growing potential for altcoin participation. As equities diverged, BTC approached new relative ATHs against the S&P 500, influenced by rising long-end rates and a slower easing cycle. Nvidia (NVDA) is set to release earnings mid-week. Explore our markets update ➡️

🎉 We’re thrilled to announce the exclusive primary listing of USDX on BitMart, a 1:1 USD-referencing stablecoin, available for immediate trading. Trade USDX, intended to be fully-backed by cash and cash-equivalents, available 24/7. A stablecoin brought to life by HT Digital Assets, Hex Trust’s tokenization ecosystem and the first native stablecoin on the Flare Network. 🤝Hex Trust USDX - Developed in Partnership with Clearpool on the Flare Network As an EVM-compatible Layer 1 blockchain, Flare Network offers a secure, decentralized environment for accessing high-quality data from various sources, establishing USDX as Flare's distinguished stablecoin and fostering a realm of innovative applications. USDX will also serve as the native stablecoin and gas token on Ozean, the blockchain for RWA-yield launched by Clearpool. This listing marks a pivotal step in building liquidity for USDX, a cornerstone of the Ozean ecosystem. Listing details: 💎Trading feature: 11/18/2024, 9:00 AM UTC 💎Withdrawal feature: 11/19/2024, 9:00 AM UTC 💰Trading Pair: USDX/USDT Learn more 👉🏽 https://lnkd.in/gbccVtnu #USDX #HexTrust  #Flare #Ozean #BitMart #Stablecoin #Crypto