Express
Union Bank of Philippines Partners with Hex Trust to Enter Digital Asset Ecosystem
Summary: Union Bank of the Philippines and Hex Trust, a Hong Kong-based digital asset custodian, today announced that the bank was partnering with Hex Trust to provide digital asset custody services to it as it enters the digital asset sector. As part of the collaboration, Hex Trust will provide digital asset custody as an internal service ...
Union Bank of the Philippines and Hex Trust, a Hong Kong-based digital asset custodian, today announced that the bank was partnering with Hex Trust to provide digital asset custody services to it as it enters the digital asset sector.
As part of the collaboration, Hex Trust will provide digital asset custody as an internal service for Union Bank employees as a pilot run in preparation for a fully commercialized digital asset custody service for the bank’s customers.
“Digital assets are here to stay, whether it be in the form of cryptocurrency, [non-fungible tokens] or tokenized assets, and we are seeing more market demand for these,” said Henry Aguda, chief technology and operations officer at Union Bank, in a statement.
By Amy Liu
Tags: Digital Asset,Hex Trust,Union Bank of Philippines
Link: Union Bank of Philippines Partners with Hex Trust to Enter Digital Asset Ecosystem [Copy]
