February 7, 2025 Cat - Fintech
Hex Trust has secured a strategic investment round led by Morgan Creek Digital, with participation from additional global investors, including Injective. This latest capital infusion pushes the company’s total funding beyond $100 million. The investment comes as Hex Trust prepares for a Series C round slated for later in 2025.
The funds will be directed toward expanding the firm’s staking and markets businesses, alongside exploring strategic acquisitions. Hex Trust, which provides custody, staking, and market services for institutional clients, operates across financial centers such as Hong Kong, Singapore, Dubai, France, and Italy. With increasing demand for institutional-grade digital asset solutions, the company aims to strengthen its operational capacity and regulatory compliance framework.
About Hex Trust
Founded in 2018, Hex Trust delivers regulated digital asset custody, staking, and markets solutions to institutional clients, including banks, funds, financial institutions, and exchanges. The company oversees more than $5 billion in assets and serves over 300 institutional clients. With a presence in multiple jurisdictions, Hex Trust prioritizes compliance with regulatory standards while offering secure infrastructure for digital asset management.
Website: https://hextrust.com/
X: @Hex_Trust
About Investor
Morgan Creek Digital
Morgan Creek Digital is a venture capital firm investing in blockchain, artificial intelligence, computing infrastructure, and big data. The firm has deployed more than $400 million across multiple funds and SPVs. Led by General Partners Mark Yusko, Sachin Jaitly, and Xavier Segura, Morgan Creek Digital focuses on supporting technology-driven enterprises shaping the digital asset sector.
Location: Chapel Hill, North Carolina
Website: https://www.morgancreekcap.com/morgan-creek-digital/ A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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