KEY TAKEAWAYS
- Hex Trust has joined the Injective blockchain as a validator, offering custody, staking, and trading services for institutional users.
- Over 1.5 million INJ tokens have been delegated to Hex Trust, representing more than 2% of Injective’s voting power.
- Hex Trust enhances the security and decentralization of the Injective blockchain, reflecting a trend of increased institutional involvement in DeFi.
- Hex Trust’s platform provides institutional investors with secure access to trade, store, and stake INJ within a compliant framework.
Hex Trust has officially joined the Injective blockchain as a validator this year, expanding its offerings to include custody, staking, and trading services for institutional Injective users. Since its integration, Hex Trust’s validator has seen a significant influx of delegation, with over 1.5 million INJ tokens currently delegated. This represents more than 2% of the voting power on the Injective blockchain.
Hex Trust’s Institutional Offerings
Founded in 2018, Hex Trust provides regulated institutional digital asset custody, staking, and markets services to builders, investors, and service providers in the Web3 space. The company emphasizes security, compliance, and institutional-grade services, making it well-suited to meet the growing demands of the Injective ecosystem.
Hex Trust’s platform allows institutional investors to seamlessly access, trade, store, and stake INJ within a secure environment. The platform offers insured custody, secure dApps connectivity via WalletConnect, and integrated staking through its institutional-grade staking partners.
Hex Trust’s Impact on the Injective Ecosystem
As a validator, Hex Trust enhances the security and decentralization of the Injective blockchain, strengthening its global validator set. The delegation of millions of INJ tokens underscores the trust institutional investors place in Hex Trust’s ability to manage and secure assets on the network. The Injective Foundation has also been actively utilizing Hex Trust’s services.
Hex Trust’s active platform in the over-the-counter (OTC) trading space allows institutional investors to trade with minimal slippage and price movement, facilitating efficient trade settlement across various trading strategies.
Institutional-Grade Custody and Staking
For institutional investors, Hex Trust offers a seamless and secure way to participate in the Injective ecosystem. Its custody services enable investors to stake INJ within a fully compliant framework, providing financial rewards and top-tier asset protection.
The expanding role of Hex Trust as a validator reflects a broader trend of institutional involvement in decentralized finance and blockchain networks. As demand for secure, compliant, and scalable solutions grows, Hex Trust is poised to play a key role in driving institutional adoption of blockchain technologies.
With over 1.5 million INJ delegated and a robust suite of institutional tools, Hex Trust is positioned to become increasingly important in the Injective ecosystem. As the Web3 space evolves, Hex Trust and Injective align their missions to bridge traditional finance and decentralized finance.
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