what's Hex Trust?
Hex Trust is a fully licensed institutional-grade digital asset custodian offering custody, staking, brokerage, and financing solutions tailored for protocols, foundations, financial institutions, and the Web3 ecosystem. Operating from offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam, it provides secure storage and management of digital assets, enabling seamless participation in decentralized markets while ensuring compliance with regulatory standards across multiple jurisdictions. The platform supports a wide range of blockchain networks and tokens, including integrations for staking native assets like HBAR on Hedera and FLR on FlareNetworks, as well as DeFi yield opportunities. Hex Trust also issues USDX, a USD-pegged stablecoin backed by cash equivalents, designed for on-chain stability and integration into lending and trading protocols, fostering trust and efficiency in the stablecoin economy.
Hex Trust joined Consensus Hong Kong as a 4 Block Sponsor to explore digital assets, custody, and staking.
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Joined Consensus Hong Kong as a 4 Block Sponsor to explore digital assets, custody and staking in the future of finance.
Wrapped XRP launches on Optimism, Ethereum, and HyperEVM in addition to Solana, with integration alongside Ripple's RLUSD stablecoin.
$100M in XRP deploys to Solana through OFT Standard issuance, with additional chains planned for deployment.
Launch of wrapped XRP issuance and custody services to enable cross-blockchain DeFi utility.
Clearpool reaches $900M in total loans originated across its platform.
Clearpool's USDX T-Pool crosses $44M in total value locked, marking a new all-time high, with current APR of 6%.
X-Pool reaches $3M in total value locked on Flare Networks.
Total USDX deployment reaches $45M across Clearpool's T-Pool and X-Pool, with over 50M USDX in circulation. Clearpool launches Credit Vaults 2.0 with revolving line of credit design.
X-Pool TVL exceeds $2M, representing growth from the $1M milestone previously reached on Flare Networks.
The X-Pool vault crosses $1M in total value locked, marking the first major milestone for the Clearpool yield product developed with Hex Trust on Flare Networks.
The digital asset custodian integrates Stacks (STX) and sBTC into its platform for custody services.
November 2025 Exchange Benchmark report launches with support from Hex Trust, rating 20 exchanges at top tier status with 8 achieving AA ratings including Binance, Bitstamp, Coinbase, Kraken, Crypto.com, OKX, Bullish and Gemini.
Hex Trust issues clarification that their USDX stablecoin on Clearpool is entirely separate from the depegged USDX associated with Stable Labs, with backing by Treasury Bills and cash equivalents under institutional custody controls.
WalletConnect partners with Stacks to expand STX stacking access, with Hex Trust providing secure connection infrastructure for users and institutions to earn yield in Bitcoin DeFi.
HT Markets launches X-Pool vault this week on Clearpool, delivering 8-15% APR for stablecoin holders through U.S. Treasuries and market-neutral arbitrage with weekly distributions on Flare Networks.
USDX stablecoin issued by Hex_Trust reaches $41M TVL in Clearpool's T-Pool on Flare Networks, earning 7% APR.