Munzir HakimiTable of Contents
Introduction
Hex Trust, a regulated institutional-grade crypto-asset custodian, has announced a groundbreaking partnership with The Sandbox, a leading decentralized gaming virtual world. This collaboration aims to provide fully-licensed and highly-secure custody of virtual assets like LAND in The Sandbox’s metaverse.
Secure Custody for Virtual Assets
Hex Safe Integration:
- Hex Trust integrates LAND into its custody platform, Hex Safe.
- Supports cryptocurrencies, security tokens, and NFTs.
Certified Partnership:
- The Sandbox adds Hex Trust as a certified partner for custody services.
Sebastien Borget, COO & Co-Founder of The Sandbox: “We are very excited to formally establish this partnership to further integrate their services into the metaverse.”
Enhanced Security Measures
Institutional Storage Solutions:
- Institutional investors can store LAND assets securely with Hex Trust instead of vulnerable online hot wallets.
Additional Services:
- Buying and selling LAND
- Financing solutions including leasing and virtual mortgages
Alessio Quaglini, CEO & Co-Founder of Hex Trust: “As web3 continues to grow, more brands and investors will need highly-secure solutions provided by custodians.”
Conclusion
This strategic alliance between Hex Trust and The Sandbox marks a significant step towards securing digital assets in the evolving metaverse. With enhanced security measures and additional financial services, this partnership is set to meet the increasing demand from institutional investors.
