Hex Trust, a provider of regulated institutional digital asset custody and services, announced the launch of a new electronic trading platform.

Designed to address critical risks highlighted by the collapse of FTX, the platform allows clients to trade digital assets directly from their secure, cold storage accounts.

This eliminates the need to transfer assets to exchanges, significantly reducing counterparty risk.

Assets remain within Hex Trust’s licensed custody infrastructure throughout the entire trading process, offering an additional layer of security.

The platform provides access to deep liquidity and competitive pricing from a global network of providers.

It supports a diverse range of digital assets and order types, including live quotes, advanced order types, and RFQ-based pricing, catering to the needs of institutional investors and asset managers.

With support for a growing list of asset pairs, Hex Trust offers flexibility for clients seeking comprehensive market coverage.

If a desired asset pair is not listed, the company provides full market execution via voice/chat.

Clients can execute trades of all sizes, with spot trades settling intra-day.

This launch expands Hex Trust’s suite of services, which includes custody, staking, and market solutions.

Alessio Quaglini, CEO and Co-founder of Hex Trust, said,

“Our digital asset electronic trading services allow clients to trade directly from cold storage – a unique feature which protects clients from such risks.

This, together with deep liquidity, comprehensive asset coverage, advanced order types and analytics makes this a powerful proposition. As a fully-licensed, custodian we have always had an intense focus on compliance, risk management, regulation, governance and security.”

Featured image credit: Edited from Freepik