Hex Trust and MetaMask Institutional Integrate to Enhance DeFi Portfolio Management

Hex Trust, the leading institutional-grade digital asset custodian licensed and insured across global financial hubs, has integrated with MetaMask Institutional (MMI), the institutional wallet from the leading Ethereum software provider Consensys. The integration enables Hex Trust users to utilize the MMI extension on the new Hex Safe dashboard to securely access over 17,000 DeFi applications.

The integration allows MMI to offer the most comprehensive suite of custodial integrations available, catering to the growing engagement of organizations in the global Web3 token economy. The collaboration enhances DeFi portfolio management capabilities while maintaining security and regulatory compliance for institutional clients.

By leveraging this integration, Hex Trust can provide user-friendly setup and features, including secure custody, transaction authorization, and regulatory compliance, enabling institutions to confidently engage with DeFi protocols.

“This integration will allow institutions to have compliant access to thousands of DeFi applications through a user-friendly interface that is gilded with bank-grade security. We are delighted to work with MetaMask Institutional and bridge organizations to DeFi and Web3 through a regulatory-compliant gateway,” said Giorgia Pellizzari, Head of custody, Hex Trust.

With MMI, Hex Trust users can now enjoy the following benefits:

1. Seamless DeFi Access with Secure Custody
By utilizing the MMI extension on the new Hex Safe dashboard, users can effortlessly navigate the DeFi landscape while benefiting from Hex Trust’s secure custody infrastructure. This integration ensures that assets remain protected within custody while enabling users to tap into the vast array of DeFi opportunities available.

2. Bank-Grade Security and Transaction Authorization
Hex Trust’s bank-grade custody solution, combined with MMI, offers enhanced security measures for institutional clients. Users can leverage Transaction Authorization Policies and customize rules such as setting flexible transaction approvals, limiting transaction capabilities to specific individuals or selecting dApps and smart contracts to optimize DeFi trade flows. This robust security framework ensures a safe and compliant environment for institutional participation in DeFi.

3. Regulatory Compliance for Institutional Engagement
MMI addresses institutional regulatory requirements, aligning with Hex Safe’s regulatory compliance standards. This allows institutions to confidently participate in the DeFi ecosystem while adhering to compliance guidelines. The partnership between Hex Trust and MMI provides institutional clients with a regulatory-compliant gateway to engage with DeFi protocols securely.

4. User-Friendly Setup and Usage
MMI offers a user-friendly experience, with a step-by-step guide available to assist users in setting up and utilizing the platform. The integration with Hex Safe ensures a seamless onboarding process, enabling institutions to quickly and efficiently access the world of DeFi and web3 applications.

As 2023 comes to a close, Hex Trust has forged ahead with the completion of major milestones in the firm’s strategic plan. From collaborations with Celestia to provide secure custody services and staking solutions; to participation in the Hong Kong Monetary Authority’s e-HKD Pilot Programme alongside partners, Ripple and Fubon Bank. In November, Hex Trust solidified their position in MENA’s virtual asset industry following the approval of a full VASP (Virtual Asset Service Provider) license from VARA in Dubai. This latest integration with MetatMask Institutional demonstrates Hex Trust’s commitment to growth in the evolving crypto industry. Through strategic partnerships and regulatory approvals, Hex Trust is well-positioned to leverage the dynamic crypto market.

About Hex Trust
Hex Trust is a fully licensed and insured digital asset custodian. Led by veteran banking technologists and award-winning financial services experts, Hex Trust has built Hex Safe, a proprietary institutional-grade platform that delivers solutions for digital asset protocols, foundations, financial institutions, and the Web3 ecosystem. Hex Trust has offices in Hong Kong, Singapore, Vietnam, Dubai, France and Italy.