Hex Trust: Institutional-Grade Digital Asset Custody

Hex Trust is a leading regulated digital asset custodian providing institutional-grade custody and asset management services through their flagship Hex Safe platform. Licensed across major financial hubs, they offer secure storage, trading, staking and DeFi access for Solana and other digital assets. The platform combines military-grade security, regulatory compliance, and institutional features including multi-signature authorization, customizable transaction policies, and $200M+ in insurance coverage. Through strategic partnerships with WalletConnect, Luganodes and others, Hex Trust enables institutions to safely participate in the Solana ecosystem while meeting strict security and compliance requirements.

Understanding Hex Trust's Role in the Solana Ecosystem

Hex Trust plays a vital role in enabling institutional adoption of Solana by providing the secure infrastructure and regulated services required by professional investors and financial institutions. Their Hex Safe platform acts as a bridge between traditional finance and the Solana ecosystem, allowing institutions to safely custody, trade, and stake SOL while maintaining full regulatory compliance.

The platform's integration with Solana enables support for SOL, SPL tokens, and NFTs with institutional-grade security measures. Through partnerships with leading infrastructure providers like Luganodes, Hex Trust also facilitates institutional staking of SOL tokens, allowing clients to earn staking rewards while assets remain in secure custody.

How to Use Hex Trust

Getting Started with Hex Safe

Institutional clients can access Hex Trust's services by engaging directly with their team to set up a custody account. The onboarding process includes thorough KYC/AML checks and customization of security policies to match institutional requirements. Once onboarded, clients get access to the Hex Safe platform which provides a unified interface for managing digital assets.

The platform supports segregated accounts with customizable permissions and transaction policies. Clients can define specific individuals authorized to initiate transactions, set transaction limits, and implement multi-signature requirements based on their internal controls.

Managing Digital Assets

Hex Safe provides comprehensive tools for managing digital assets including:

• Secure cold storage of private keys using FIPS 140-2 compliant Hardware Security Modules
• Multi-signature transaction authorization with customizable approval workflows
• Real-time portfolio monitoring and reporting
• Integration with trading venues and DeFi protocols
• Support for staking and governance participation

The platform's interface allows authorized users to initiate transactions, monitor positions, and access detailed reporting while maintaining strict security controls.

Strategies and Opportunities

Institutional Staking

Through integration with Luganodes and other staking providers, Hex Trust enables institutions to participate in Solana staking while maintaining custody of their assets. This allows clients to earn staking yields on their SOL holdings without compromising security. The platform handles technical aspects of staking including validator selection and delegation while assets remain in secure cold storage.

DeFi Access

Hex Trust's recent integration with WalletConnect enables institutional access to Solana DeFi protocols directly from custody. This allows clients to interact with decentralized exchanges, lending platforms and other DeFi applications while maintaining institutional security controls. All DeFi interactions are subject to customizable transaction policies and multi-signature requirements.

Trading Integration

The platform's electronic trading capabilities enable direct trading access from custody, eliminating the need to transfer assets to exchanges. Through integration with multiple trading venues, clients can execute trades while assets remain in secure cold storage, reducing counterparty risk.

What Makes Hex Trust Unique

Bank-Grade Security Architecture

Hex Trust's security infrastructure stands out through its use of military-grade encryption, air-gapped cold storage, and FIPS 140-2 compliant Hardware Security Modules. The platform's multi-layer security approach includes:

• Secure enclaves for transaction signing
• Hardware-bound private key storage
• Immutable audit logs
• Multi-signature authorization
• Custom transaction policies

This comprehensive security architecture meets the stringent requirements of institutional investors and regulators.

Regulatory Compliance Focus

As a licensed custodian across multiple jurisdictions, Hex Trust maintains strict regulatory compliance including:

• SOC 2 Type 1 and Type 2 certification
• Regular external audits
• Comprehensive insurance coverage
• KYC/AML controls
• Transaction monitoring
• Regulatory reporting capabilities

This regulatory-first approach enables institutions to participate in digital assets while maintaining compliance.

Key Features

Multi-Wallet Architecture

Hex Safe's multi-wallet architecture enables segregated account structures with customizable permissions and policies. Each wallet can have its own:

• Authorized signers
• Transaction limits
• Approval workflows
• Trading permissions
• Staking configurations

This flexible architecture allows institutions to implement robust internal controls while managing multiple portfolios.

Transaction Authorization Policies

The platform enables detailed transaction policies including:

• Multi-signature requirements
• Amount-based approval thresholds
• Whitelisted addresses and contracts
• Time-based restrictions
• 2FA requirements

These policies can be customized per wallet and transaction type.

Integration Capabilities

Hex Trust maintains extensive integration with the digital asset ecosystem including:

• Trading venue connectivity
• Staking infrastructure
• DeFi protocol access
• Banking system integration via SWIFT
• Blockchain analytics tools

This comprehensive integration enables institutions to access all aspects of digital assets through a single secure platform.

The Team Behind Hex Trust

Hex Trust was founded by veterans of traditional finance and banking who recognized the need for institutional-grade infrastructure in digital assets. The leadership team includes:

Alessio Quaglini - CEO & Co-founder Previously Head of Strategy Asia for BBVA and Director at First Abu Dhabi Bank, bringing over 15 years of banking and regulatory experience.

Rafal Czerniawski - CTO & Co-founder Expert in banking technology and security architecture with extensive experience developing institutional trading systems.

The wider team includes experts in custody, compliance, security and blockchain technology from major financial institutions.

Security and Audits

Security Infrastructure

Hex Trust's security measures include:

• FIPS 140-2 Compliant HSMs for private key storage
• Air-gapped cold storage environment
• Military-grade cross-domain solution
• Hardware-bound signing capabilities
• Immutable audit logs
• 24/7 security monitoring

External Validation

The platform undergoes regular external validation including:

• Annual SOC 2 Type 1 and 2 audits by Deloitte
• Penetration testing by CREST-approved firms
• Insurance coverage for assets in cold storage
• Regular security assessments
• Compliance reviews

Blockchain Analytics

Integration with tools like Chainalysis enables:

• Transaction monitoring
• Risk scoring
• Sanctions screening
• Investigation capabilities
• Regulatory reporting

Future Development

Hex Trust continues to expand its institutional services across several areas:

Trading and Markets

• Enhanced electronic trading capabilities
• Additional venue connectivity
• OTC trading desk integration
• Advanced order types

DeFi Integration

• Expanded protocol support
• Automated yield strategies
• Governance participation
• Token staking

Infrastructure

• Additional blockchain support
• Enhanced reporting capabilities
• API expansion
• Mobile access

The focus remains on enabling institutional participation while maintaining security and compliance standards.