Hex Trust Partners with IDA to Provide Institutional-grade Custody for Stablecoin Products

HONG KONG, April 9, 2025 /PRNewswire/ — Hex Trust, a leading digital assets financial institution specializing in custody, staking, and markets services has partnered with IDA

Hong Kong-based digital assets financial institution, Hex Trust, has partnered with IDA, a premier HK-based fintech company, to provide licensed, institutional-grade custody services for IDA’s stablecoin products.

This partnership will enable compliant and seamless cross-border commerce and digital payments.

Hex Trust’s multi-jurisdictional licenses and deep institutional expertise will ensure secure and compliant custody solutions that adhere to the highest regulatory standards.

The partnership also aims to enhance security for all transactions with IDA. Furthermore, IDA and Hex Trust will collaborate to explore real-world use cases for cross-border trade, aiming to improve payment efficiency while ensuring compliance with applicable regulations.

“The stablecoin initiative will strengthen Hong Kong’s competitive edge as a global financial hub,” said Giorgia Pellizzari, Managing Director and Head of Custody at Hex Trust. “Our role as an institutional-grade custodian aligns with this vision to foster a secure and compliant ecosystem for digital assets.”

Pellizzari added: “We’re thrilled to partner with IDA to contribute to the success of this innovative product.”

Sean Lee, Co-Founder and CSO of IDA, stated: “This marks just the beginning of our partnership. Beyond custody, we are exploring new opportunities to unlock global trade and commerce, enabling smoother transactions in collaboration with Hex Trust.”

In addition to the stablecoin solution, IDA is developing a comprehensive financial infrastructure to bridge stablecoin operations with enhanced connectivity between blockchain networks and traditional financial systems.

Hex Trust and IDA are also exploring deeper collaborations, including FX features, on this robust platform to foster a thriving stablecoin ecosystem.

About Hex Trust

Founded in 2018, Hex Trust provides regulated digital asset custody, staking, and markets services to builders, investors, and service providers. Get access to a comprehensive, secure, and regulated suite of services built on proprietary and fully integrated infrastructure.

For more information, visit Hextrust.com or follow Hex Trust on LinkedIn, X, and Telegram.

About IDA Finance Hong Kong Limited (IDA)

IDA is a premier digital asset technology company spearheading the widespread adoption of blockchain finance and empowering businesses to seamlessly integrate between Web2 and Web3.

IDA will launch a stablecoin product designed to drive enhanced connectivity of digital currency for seamless commerce and payments between Hong Kong and global markets, 24/7/365.

To maintain the highest level of security and stability, all circulating stablecoins will always be fully backed by at least 100% reserve assets in regulated Hong Kong-based authorized institutions.

More information can be found at idafi.xyz, LinkedIn, and X.

This post is for informational purposes only and is not financial, investment or other advice, nor a recommendation, endorsement, offer, solicitation or sale of any kind in any jurisdiction. As always, users should do their own research and are urged to seek independent financial, investment and other advice before taking any initiative in connection with the information contained herein. The information contained in this article is intended to be current at the time of publication, but may not remain so indefinitely. Products or services mentioned in this material are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions nor to all persons.