Hex Trust, a key player in digital asset custody and market services, has successfully secured a fresh round of strategic funding, as reported by PANews. The funding round was spearheaded by Morgan Creek Digital, with Injective also participating. While the exact amount gathered in this funding cycle remains undisclosed, Hex Trust has now exceeded a funding milestone of $100 million. Looking ahead, the company is gearing up to kick off a Series C funding round later this year and is eyeing potential strategic acquisitions. Hex Trust’s footprint currently spans across Hong Kong, Singapore, Dubai, France, and Italy.
Expansion Plans and Strategic Funding
Hex Trust has solidified its financial position with a substantial funding injection led by Morgan Creek Digital. This recent round, which saw participation from Injective, has propelled Hex Trust’s total funding beyond the $100 million mark. The company is now setting its sights on further growth through a forthcoming Series C funding round and considering strategic acquisitions to fortify its market presence.
Global Operations and Future Prospects
With operations reaching various international hubs like Hong Kong, Singapore, Dubai, France, and Italy, Hex Trust is strategically positioned to capitalize on the evolving digital asset landscape. The company’s successful funding round, guided by Morgan Creek Digital, not only underscores investor confidence but also paves the way for Hex Trust to explore new avenues for expansion and innovation in the digital asset industry.
Key Milestone and Strategic Vision
Exceeding the $100 million funding milestone marks a significant achievement for Hex Trust, highlighting its growing influence and appeal in the market. As the company gears up for a Series C funding round and evaluates potential strategic acquisitions, Hex Trust is poised to leverage its strong financial backing to drive strategic initiatives and solidify its position as a leader in digital asset services.
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