Hex Trust
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 1.4m | 2.1m | 3.6m | 38.5m |
% growth | - | 56 % | 71 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | N/A | Seed | |
* | $6.0m | Series A | |
N/A | Early VC | ||
* | $10.0m | Early VC | |
* | $88.0m | Series B | |
Total Funding | $104m |
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Recent News about Hex Trust
EditHex Trust is a fully licensed and insured digital asset custodian that provides bank-grade custody solutions for a wide range of clients, including protocols, foundations, financial institutions, and participants in the Web3 ecosystem. Operating in the rapidly evolving digital asset market, Hex Trust offers extensive coverage of blockchains and standards, ensuring clients stay ahead of the curve with access to DeFi staking, wrapping, governance, delegation, and more. The company leverages its best-in-class expertise to share industry insights and market research, helping clients manage their Web3 operations and explore new opportunities. Hex Trust's business model revolves around providing secure and compliant custody services, generating revenue through service fees and partnerships with blockchain-native financial institutions. The company is committed to innovation and resilience, continuously adapting to new protocols and technologies to meet the diverse needs of its clients.
Keywords: digital assets, custody solutions, Web3, DeFi staking, blockchain, financial institutions, protocols, governance, delegation, compliance.