Categories: Crypto NewsNews

Hex Trust launches integration with Polkadot Blockchain Network

Published by
Nonhlanhla P Dube

The Polkadot blockchain network has been integrated into Hex Safe by Hong Kong-based digital asset custody company Hex Trust.
Hex Trust now provides fully licensed custody for Polkadot’s native token as a result of the integration (DOT). Hex Trust also intends to support a comprehensive suite of Polkadot-based services.

Furthermore, the integration will allow the company’s more than 200 institutional clients to trade, lend, and stake DOT without leaving the secure custody platform Hex Safe.

According to Hex Trust’s official website, Hex Safe helps users secure and manage digital assets with a compliance-first approach.

Hex Safe also gives you access to liquidity providers, exchanges, and market-leading DeFi systems.

Polkadot, which was launched in May 2020, improves the interoperability of blockchain networks.

The network runs on Relay Chain layer zero, which supports 100 parachains and sovereign blockchains that work in parallel with a high level of security.
 “we’re excited to have integrated Polkadot and open up the endless possibilities their emerging ecosystem is enabling. Within Hex Safe, we endeavour for our clients to seamlessly hold and have the ability to trade leading tokens such as Polkadot in our multichain and highly secure custody platform.”

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Nonhlanhla P Dube

Nonhlanhla P Dube is a senior news reporter at Rateweb. Nonhlanhla is a student of International Relations at the University of South Africa. She reports primarily on personal finance and economics. You can contact her directly by email at nonhlanhla@rateweb.co.za

Published by
Nonhlanhla P Dube
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