Crypto Custodian Hex Trust Secures Key Singapore License
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Digital asset custodian Hex Trust has obtained a key license from the Monetary Authority of Singapore.
The Capital Markets Services license will allow Hex Trust to provide custodial services regulated under Singapore’s Securities and Futures Act. Calvin Shen, the company’s head of sales and business development, will relocate to Singapore to lead the business expansion of the new branch office, according to a statement on Tuesday.