Crypto custodian Hex Consider has secured $10 million in contemporary investment to additional the marketplace infrastructure and safety of its approved custody platform, Hex Protected.
- Animoca Manufacturers, a gaming and non-fungible token unicorn, led the spherical. Participation within the funding spherical additionally got here by way of Ripple Labs, Algorand Basis, BCW Team, Tessera Capital Companions, Thoughts Fund, Double Height Team, and Token Bay Capital.
- Those that not too long ago participated in Hex Consider’s $6M Collection A in March additionally invested together with QBN Capital, Kenetic Capital, MANTRA DAO, Without boundaries Capital, Radiant Tech Ventures, and Cellular Emerging Capital.
- Hex Consider’s contemporary price range will cross towards furthering its marketplace infrastructure and safety frameworks underpinning its Hex Protected custody platform, the company stated in a press unencumber Tuesday. The brand new capital will even fund the corporate’s enlargement throughout its Singapore and Vietnam workplaces in addition to determine a footprint in Europe and the Heart East.
- Ultimate month, the custodian secured a license to offer custodial services and products from the Financial Authority of Singapore below the rustic’s Securities and Futures Act.
Learn extra: Animoca Completes Investment Spherical, Will get an Further $50M From Coinbase, Samsung