GCEX and Hex Trust Expand Partnership to Include Staking

GCEX, a leading prime brokerage in digital assets and FX, has expended its partnership with Hex Trust, an institutional-grade digital asset custodian, to include staking offerings. The latest development comes after the launch of GCEX's staking services in April 2023 and will allow the company to offer broader range of assets for staking to brokers, hedge funds, fund managers and professional traders.

In collaboration with Hex Trust, GC Exchange A/S has broadened its staking offerings, providing its institutional and professional clients access to nine new assets, including HBAR, ETH, Apecoin, Flare, and others, with more to come in response to client requests.

"We have a strong and trusted relationship with Hex Trust, who have been our custody partner for over two years. With the increasing demand for staking services, we are delighted to be extending our partnership with Hex Trust, providing our institutional and professional clients with further choice for earning rewards on their digital assets," commented Michael Aagaard, Managing Director, GCEX Denmark. "Our strategy is to continue to push boundaries through partnerships with highly credible firms in the industry, offering our clients the best possible products and service, with robust technology and secure, segregated custody."

"We've been providing custody services for GCEX for a couple of years, so it's great to extend our services to include digital asset staking," said Giorgia Pellizzari, Head of Custody at Hex Trust. "Hex Trust currently provides staking for several assets and continually assesses which ones to add next. We're proud to offer secure and seamless staking to clients like GCEX through the safety of our custody platform, Hex Safe."

This February, GCEX has also entered into a partnership with Komainu​, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares, enhancing its offering of regulated custodians to its institutional and professional clients, providing an even greater choice of regulated custodians.