Hex Trust

Hong Kong, China Founded: 2018 • Age: 8 yrs
Custodian service for digital assets
Annual revenue - Latest available
Total funding $104.0M 5 rounds
Employees - Tracked headcount
Investors 27 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Hex Trust

Hex Trust is a company based in Hong Kong (China) founded in 2018. Hex Trust has raised $104 million across 5 funding rounds from investors including Terraform Labs, Animoca Brands and Ripple. Hex Trust has completed 1 acquisition, including Byte Trading. Hex Trust operates in a competitive market with competitors including Chainalysis, Quantexa, ComplyAdvantage, Riskified and Cobo, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $104 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Hex Trust

Headcount 50-200
Employee Profiles 30
Board Members and Advisors 8
Employee Profiles
People
Giorgia Pellizzari
Head, Custody
People
Rafal Czerniawski
CTO & Co-Founder
People
Federico Fabiano
Head, Legal & Compliance
People
Alessio Quaglini
CEO & Co-Founder

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Board Members and Advisors
people
Mark Cheng
Director
people
Colin Brooks
Advisor
people
Rajah Thiyagarajah
Chairman
people
Jehan Chu
Director

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Funding Insights of Hex Trust

Hex Trust has successfully raised a total of $104M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Hex Trust

Hex Trust has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Terraform Labs, Animoca Brands and Ripple.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment management services are provided to institutions and wealthy families.
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Venture capital and incubation are provided for blockchain technology firms.
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Early-stage blockchain startups are funded by LeadBlock Partners.
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Investor details for Hex Trust

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Hex Trust

Hex Trust has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Byte Trading.

Investments
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Investment portfolio details for Hex Trust

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Liquidity is supplied algorithmically to crypto exchanges and platforms.
Locked Locked 2021 Locked
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Complete acquisition details for Hex Trust

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hex Trust

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Detailed financials for Hex Trust

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  • Profit trends
  • Statement rows
  • Financial ratios

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Hex Trust Comparisons

Hex Trust Primary company
Description
Custodian service for digital assets
Location
Hong Kong, China
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Hex Trust

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Hex Trust

Hex Trust operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Chainalysis, Quantexa, ComplyAdvantage, Riskified and Cobo, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain data platform insights for cryptocurrency are delivered.
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Digital asset custody and wallet infrastructure solutions are provided by Cobo.
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Identity decisioning platform is provided for banks and fintech firms.
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Detailed competitors of Hex Trust

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hex Trust

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Complete news archive for Hex Trust

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hex Trust

Hex Trust was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Hex Trust is headquartered in Hong Kong, China.

Hex Trust is a funded company, having raised a total of $104M across 5 funding rounds to date.

Custodian service for digital assets. It offers an enterprise grade multi currency custody platform. It provides cold, frozen, and ZeroKey wallet services to secure cryptocurrency. It offers APIs, on-chain segregation for transactions, multiple-factor authentication, real-time monitoring, and KYC, AML validation service. It offers fully regulated institutional digital asset custody, staking and markets services to builders, investors and service providers.

Hex Trust's top competitors include ComplyAdvantage, Riskified and Quantexa.

Hex Trust has made 1 acquisition, including Byte Trading.

Hex Trust has 27 investors. Key investors include Terraform Labs, Animoca Brands, Ripple, Protocol Labs, and HashKey Exchange.

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