The Asia-based crypto asset custodian Hex Trust announced today that it has partnered with the Klaytn Foundation to enable Hex Trust, including financial institutions, digital asset locals, and wealthy individuals, to securely custody crypto assets Klay, the native token of the Klaytn protocol Cooperate with Hex Safe, an institutional-level hosting platform.

The Klaytn team of the blockchain project led by South Korean Internet giant Kakao recently announced that the Singapore-based non-profit entity Klaytn Foundation has formally served as the core committee to oversee the expansion of operations and resources in order to continue to expand the Klaytn blockchain and its ecosystem.

In order to achieve its mission of promoting the global growth of the Klaytn ecosystem, the Klaytn Foundation will also accept applications from the Klaytn Growth Fund. The fund invites developers and users to build applications, developer tools, or lead community building programs to promote sustainable growth. Promising candidates can benefit from financial assistance and technical advice. Applications will open on the Klaytn Foundation website in late September.

Clayton is also strategic Cooperation with ConsenSys, A leading Ethereum software company, promotes the integration of digital currency on the Klaytn platform in the Bank of Korea’s CBDC pilot.

“Supporting the enterprise-level Klaytn platform with highly secure, bank-level and fully compliant custody services strengthens Klaytn’s position in providing services to institutional blockchain projects in the region, which is in line with our own industry mission and vision.”
—— Calvin Shen, Head of Sales and Business Development, Hex Trust

Hex Trust enables banks and financial institutions to seamlessly integrate digital assets into their business operations in a secure, scalable and compliant manner. The organization has one of the most extensive digital asset custody support in the industry, including cryptocurrencies, security tokens and non-fungible tokens (NFT). Hex Trust has more than 100 institutional clients in Asia and Europe, including banks, financial institutions, exchanges, investment funds and companies.