Hex Trust Raises $88M for Crypto Custody Focused on the Gaming Sector

Asia-focused crypto custody provider Hex Trust has raised $88 million in a funding round co-led by Animoca Brands and Liberty City Ventures.

The Series B funding round will be used to scale to Europe and the Middle East and to obtain additional licenses, the company said. Hex Trust currently has over 100 employees across offices in Hong Kong, Singapore and Vietnam.