Custody is even more critical in crypto than in TradFi, argues Alessio Quaglini, founder of Hex Trust.
Hex's Series-A round funding is meant to solidify its position before traditional banks wade into crypto.
The Liechtenstein-based bank, owned by an Asian tycoon, will take on bigger rivals via blockchain-based assets.
HEX Capital’s gambit shows the pathways and pitfalls in making digital assets safe for institutions.