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Hong Kong-based digital asset custody service provider Hex Trust has announced the integration of the Polkadot blockchain network into Hex Safe.
After the integration, Hex Trust now provides fully licensed storage of its own Polkadot token (DOT). Hex Trust also plans to support a full range of services built on Polkadot.
“Through this integration, we will offer fully licensed and highly secure storage of DOT dollars, as well as a full suite of services built on a leading blockchain network with interoperability,” the Hex Trust said in a statement.
In addition, the integration will allow the company’s more than 200 institutional clients to trade, lend and place DOT bets without sending their assets outside of hex Safe’s secure storage platform.
According to the official website of the Hex Trust, Hex Safe helps users protect and manage digital assets in compliance.
Hex Safe also provides access to liquidity providers, exchanges and industry-leading DeFi platforms.
The Polkadot blockchain network, launched in May 2020, promotes interoperability of blockchain networks.
The network operates at zero, known as Relay Chain, which supports 100 doctors and independent blockchains that operate in parallel with a high level of security.
Georgia Pellizzari, Head of Storage at Hex Trust, said:
“We are delighted to have integrated Polkadot and discovered the endless possibilities that their new ecosystem provides. As part of Hex Safe, we are committed to ensuring that our clients can seamlessly store and be able to trade leading tokens such as Polkadot on our multi-chained and highly secure storage platform.”
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