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
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$104 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Terraform Labs
& 26 more
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(29 Mar 2021)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - Hex Trust | Valuation | Morgan Creek Capital Management |
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| Mar, 2022 | Amount | Series B - Hex Trust | Valuation | Liberty City Ventures , Animoca Brands | |
| Oct, 2021 | Amount | Series A - Hex Trust | Valuation | Animoca Brands |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment management services are provided to institutions and wealthy families.
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Founded Year | Domain | Location | |
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Venture capital and incubation are provided for blockchain technology firms.
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Founded Year | Domain | Location | |
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Early-stage blockchain startups are funded by LeadBlock Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hex Trust
Hex Trust has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Byte Trading. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Liquidity is supplied algorithmically to crypto exchanges and platforms.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hex Trust
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hex Trust Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain data platform insights for cryptocurrency are delivered.
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| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Digital asset custody and wallet infrastructure solutions are provided by Cobo.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hex Trust
Frequently Asked Questions about Hex Trust
When was Hex Trust founded?
Hex Trust was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Hex Trust located?
Hex Trust is headquartered in Hong Kong, China.
Is Hex Trust a funded company?
Hex Trust is a funded company, having raised a total of $104M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 29, 2021.
What does Hex Trust do?
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.
Who are the top competitors of Hex Trust?
Hex Trust's top competitors include ComplyAdvantage, Riskified and Quantexa.
How many acquisitions has Hex Trust made?
Hex Trust has made 1 acquisition, including Byte Trading.
Who are Hex Trust's investors?
Hex Trust has 27 investors. Key investors include Terraform Labs, Animoca Brands, Ripple, Protocol Labs, and HashKey Exchange.
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