Ibahagi ang artikulong ito
Crypto Custodian Hex Trust Raises $10M in Latest Investment Round Led by Animoca Brands
The capital will go toward expansion efforts, security and market infrastructure of the Hex Safe custodial platform.
Make us preferred on Google
Crypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed custody platform, Hex Safe.
- Animoca Brands, a gaming and non-fungible token startup, led the round. Participation also came from the Algorand Foundation, BCW Group, Double Peak Group, Mind Fund, Ripple Labs, Tessera Capital Partners and Token Bay Capital.
- Firms that participated in Hex Trust’s $6 million Series A funding round in March also invested in the latest round, including Borderless Capital, Cell Rising Capital, Kenetic Capital, Mantra DAO, QBN Capital, and Radiant Tech Ventures.
- Hex Trust’s fresh funds will go toward furthering its market infrastructure and security frameworks underpinning its Hex Safe custody platform, the firm said in a press release Tuesday. The capital will also fund the company’s expansion in Singapore and Vietnam as well as establish a footprint in Europe and the Middle East.
- Last month, the custodian secured a license to provide custodial services from the Monetary Authority of Singapore under the country’s Securities and Futures Act.
Read more: Animoca Completes Funding Round, Gets an Extra $50M From Coinbase, Samsung
STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter
Higit pang Para sa Iyo
Higit pang Para sa Iyo
Prediction markets vs. insider trading: Founders admit blockchain transparency is the only defense
Prediction markets are increasingly being framed not as gambling platforms but as vehicles for monetizing information, though founders acknowledged the line can blur.
Ano ang dapat malaman:
- Founders argue prediction markets monetize information, though user intent varies.
- Onchain transparency helps, but information asymmetry remains a core challenge.
- How platforms address manipulation and disclosure will shape institutional acceptance.
Top Stories
