BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Hex Trust Acquires Byte Trading, Expands Into Institutional Market

by Abimbola Adu
Feb 15, 2025 - 10:38 pm
in Blockchain
Everstake team in a regulatory meeting with SEC representatives

Hex Trust Extends Institutional Crypto Services with Byte Trading Acquisition

As regulatory heat on crypto intensifies, Hex Trust’s Byte Trading acquisition illustrates its strategic push into institutional-level financial services. With new capital from Morgan Creek Digital, the firm is doubling down on efforts to offer end-to-end solutions to institutional investors.

Strengthening Institutional Offerings

Hong Kong crypto custodian Hex Trust announced on Friday that it purchased Byte Trading for an undisclosed sum. The move expands its presence in institutional markets by bringing Byte Trading’s advanced trading platform to its custody and prime services.

According to a press release made available, the transaction enhances Hex Trust’s ability to cater to institutional clients in line with its November 2024 launch of the E-Trading platform, a key component of its long-term growth strategy.

Combining Byte Trading’s Low-Latency Trading Technology

Byte Trading is renowned for its low-latency trading platform, designed for high-speed execution.

Hex Trust said the integration of Byte Trading’s technology would enhance its trading services, offering institutions a smoother, more efficient, and secure digital asset trading experience.

“Hex Trust’s acquisition of Byte Trading represents another significant step in the company’s strategic evolution,” stated Alessio Quaglini, Hex Trust’s CEO and Co-founder. “Their industry-leading technology propels our evolution as a custody provider to a global, full-service financial institution to better serve institutional investors’ escalating needs in digital assets.”

Hex Trust also recently raised new funding in a round led by Morgan Creek Digital, with contributions from a number of other international investors, including Injective. Funding supports Hex Trust’s plan to complete a Series C round sometime later in 2025.

Morgan Creek Digital general partner Xavier Segura is confident Hex Trust can serve the future evolving needs of institutional clients through its work of redefining the future of institutional crypto services.

The Future of Institutional Crypto Services

Hex Trust is a regulated business founded in 2018 that specializes in custody, staking, markets, and investment solutions for institutions, banks, and exchanges.

With its recent fundraise and acquisition, Hex Trust is doubling down on regulation and security while betting on the future of institutional crypto services with seamless, end-to-end platforms.

Yet as Hex Trust is building custody and execution together, a key question remains—will this model catalyze institutional adoption, or does it present new risks? As the market continues to develop, the firms that get the balance right will establish the template for the next generation of digital asset finance.

Tags: BlockchainRegulationWeb3
Abimbola Adu

Abimbola Adu

Abimbola Adu is a crypto content writer with a background in English studies. She is keen on enlightening others about cryptocurrency and blockchains. She enjoys writing poems and spending time with family.

Related Posts

Arthur Hayes speaking about Bitcoin as Japan’s new Prime Minister announces economic stimulus measures

Arthur Hayes Predicts $1M Bitcoin as Japan’s New PM Unveils Economic Stimulus

October 22, 2025

Arthur Hayes predicts Bitcoin could hit $1M as Japan’s new PM Sanae Takaichi launches economic stimulus, signaling potential...

blockchain

Bolivia’s President-Elect Rodrigo Paz Turns to Blockchain to Fight Corruption

October 20, 2025

Bolivia’s new president Rodrigo Paz plans to use blockchain in public procurement and crypto asset declarations as part...

Metaplanet and Bitcoin Magazine logos, symbolizing their new partnership to expand operations in Japan.

Japan Moves Toward Allowing Banks to Buy Bitcoin Under New Regulatory Framework

October 19, 2025

Japan’s regulators are reviewing changes that could let banks buy and hold Bitcoin, signaling a major shift in...

24H HOLD token price chart showing 35% surge despite market pullback

Crypto markets surge as Trump confirms October 31 summit with Xi Jinping

October 19, 2025

Crypto markets rebound after Trump confirms October 31 summit with Xi Jinping, easing US-China tensions and sparking optimism...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service