On June 26, Hex Trust, a Hong Kong based-institutional Digital Asset Custodian, collaborated with Polkadot, a shared protocol that enables blockchain networks to operate together seamlessly. Through this collaboration, Hex Trust will make it possible for the polkadot native token $DOT to have fully licenced and highly secure custody support.
Hex Trust intends to support the entire stack of Polkadot-based services. It will provide custody for $DOT that is fully authorised and extremely secure, together with the entire suite of services based on the most advanced interoperability blockchain network.
Hex Trust’ users will also be able to transmit their funds safely to the custody platform Hex SafeTM. According to the official website of Hex Trust, it helps users manage and secure digital assets with a compliance-first approach. The connection allows Hex Trust’s 200+ institutional clients to easily stake, exchange, and lend DOT. Access to liquidity providers, exchanges, and prominent DeFi platforms is also made available via Hex Safe.
Georgia Pellizzari, Head of Custody at Hex Trust, stated on the collaboration:
“We’re excited to have integrated Polkadot and open up the endless possibilities their emerging ecosystem is enabling.” Within Hex Safe, we endeavour for our clients to seamlessly hold and have the ability to trade leading tokens such as Polkadot in our multichain and highly-secure custody platform. “
At the time of writing, Polkadot native token (DOT) trading volume is $386,674,866, with DOT trading at $8.15. In the last 24 hours, Polkadot has declined by 0.80%.
