Hex Trust, a provider of digital asset solutions for institutional finance and the Web3 ecosystem, has announced the launch of its inaugural Staking Partner Program.
This initiative will feature four infrastructure partners: Chorus One, Kiln, Luganodes and Twinstake.
Hex Trust clients will be “able to access staking partners and emerging Proof-of-Stake networks, allowing them to earn additional rewards on their digital assets while maintaining the security of their private-keys within a regulated, insured custodial environment.”
The integration will further simplify “the entire staking lifecycle by providing users with a single unified platform to allocate to tier-1 providers, earn rewards and efficiently manage portfolio assets.”
Clients will have visibility of all their “staked assets from a single view and have access to on-demand reporting on their earnings.”
Hex Trust is also developing automated “re-delegation of staking rewards, ensuring continuous asset compounding.”
Each partner has been rigorously “vetted by Hex Trust to ensure high performance and robust operational processes.”
Collectively, these firms manage “over $15 billion in staked assets, operate numerous nodes, and serve a diverse range of institutions, providing continuous network uptime and maximized staking yields.”
Key benefits include:
- Enhanced Staking Lifecycle: Single platform to allocate, earn, manage and report on staked assets.
- Tier-1 Providers: Curated list of leading institutional-grade staking partners and products.
- Secure Connectivity: Efficient access with private-keys safekept in insured, regulated custody environment.
- Ongoing Monitoring: Continuous vetting and due-diligence checks on infrastructure partners.
Giorgia Pellizzari, Head of Custody at Hex Trust said:
“This initiative represents a significant leap forward in the way users engage with staking. By integrating top-tier partners like Chorus One, Kiln, Luganodes, and Twinstake, we are enhancing our ability to offer clients a diverse array of high-quality staking options. This expansion underscores our commitment to providing a seamless, rewarding staking experience while upholding the highest standards of security and reliability through rigorous due diligence and leading custody technology.”
Hex Trust is pleased to collaborate closely with Chorus One, Kiln, Luganodes, and Twinstake to provide “staking opportunities and deliver value to its customers.”
Established in 2018, Hex Trust is a “fully licensed digital asset custodian dedicated to providing services for protocols, foundations, financial institutions, and the Web3 ecosystem. Get access to custody, DeFi, brokerage, and other services built on regulated infrastructure.”