Tech Company Financing Transactions
Hex Trust Funding Round
On 3/16/2022, Hex Trust raised $10 million in Series A investment from Animoca Brands, Algorand Foundation and BCW.
Transaction Overview
Company Name
Announced On
3/16/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Hex Trust plans to use the proceeds to further enhance the institutional-grade market infrastructure and sophisticated security frameworks underpinning the custody and other value-added services it provides through its proprietary bank-grade platform Hex Safe, and establish itself as the leading custodian in the non-fungible token (NFT) space.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
9/F, H Code, High Block 45 Pottinger Street, Central
Hong Kong, Undisclosed
China
Hong Kong, Undisclosed
China
Phone
Undisclosed
Website
Email Address
Overview
Provider of fully licensed, insured bank-grade custody solutions intended for digital assets. The company develops a proprietary platform that delivers an infrastructure custody solution for banks, financial institutions, asset managers, and exchanges to safely, securely, and efficiently operate in the digital asset ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rajah Thiyagarajah
Chief Executive Officer
Alessio Quaglini
Chief Operating Officer
Marty Jetton
Chief Technical Officer
Rafal Czerniawski
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