Hex Trust will be SOL Global’s Web3 partner and will access Hex Trust’s full suite of services, spanning licensed custody, OTC execution, staking, and investment solutions
Peter Hughes, chief executive at Apex Group, and Kerem Kolcuoglu, managing partner at Penrose Partners, led the association formation alongside other industry leaders
The North Dakota Retirement and Investment Office will be including outsourced trading services, which will support the agency’s strategy to bring more of its SIB asset management in-house
The transaction surpasses prior on-chain repo activities by providing near-instant, atomic settlement on a public blockchain, outside of traditional market hours, on weekends
The expanded partnership combines Ultimus’ expertise in fund administration with Xceptor’s data automation platform to streamline operations and reduce risk