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Hex Trust is an Asia-based crypto-asset custodian. More so, the firm announces its partnership with Hedera Hashgraph. Which of course, is the enterprise-grade public ledger.
Also, Hex Trust is integrating the Hedera network and the Hedera Token Service (HTS) standard into HexSafe. More so, its bank-grade custody platform. This is to enable support for HBAR, the Hedera network’s native cryptocurrency. Also, and all HTS issuances on the protocol.
Furthermore, The firm goes on to appoint a strategic custodian of TOKO. Which of course, is a wholly-owned subsidiary of DLA Piper. In details, is a digital asset creation engine empowering value creation, in partnership with DLA Piper, a Hedera Governing Council member.
Also, TOKO, the wholly-owned subsidiary of DLA Piper appointed BCW Group to lead the TOKO program development. Additionally, and also the strategic partnerships to speedup the platform’s ecosystem services.
Hex Trust and Hedera Team
“With this collaboration, Hex Trust facilitates the expansion of the enterprise-grade protocol…”
“By providing banks, financial institutions, and institutional investors a safe, secure,..”
“and compliant way to integrate HTS-based tokens…”
“Working closely with TOKO (a wholly-owned subsidiary of DLA Piper) as a strategic custodian…”
“further demonstrates our commitment to implementing robust compliance standards and protecting investor interests.”
– Alessio Quaglini, CEO and Co-Founder, Hex Trust
Lastly, Hedera Hashgraph in November 2020 in partners with DLA Piper to launch the tokenization engine, TOKO. TOKO is a digital asset creation engine that couples the compliance and regulatory rigor of a global law firm. While, with the innovative technology solutions of tomorrow.
Conculsively, TOKO gets a platform for creating new markets and uses distributed ledger technology. Then, to disseminate market information and provide transparency.
“With its focus on the highest security standards and enterprise-grade workflows…”
“and rigorous approach to compliance, Hex Trust has established itself as a leading,..”
“bank-grade, Asian digital asset custodian. Given TOKO’s traction in the asset tokenization market,..”
“we are excited to see Hex Trust appointed as an official custodian of TOKO.”
– Mance Harmon, CEO and Co-Founder, Hedera