Hex Trust, a managed institutional-grade crypto-asset custodian, today revealed it has actually partnered with The Sandbox, a leading decentralized video gaming virtual world to allow fully-licensed and highly-secure custody of possessions such as LAND in The Sandbox’s metaverse.
The collaboration sees Hex Trust completely incorporate LAND into its custody platform, Hex Safe, which supports cryptocurrencies, security tokens, and NFTs. The Sandbox has actually included Hex Trust as a licensed partner to its directory site list for custody services.
“We are constantly on the lookout to offer brand-new methods to protect our neighborhood’s digital possessions and bring comfort to The Sandbox’s neighborhood. After dealing with Hex Trust for the previous couple of months, we are really thrilled to officially develop a collaboration to even more incorporate their services into the metaverse.”
— Sebastien Borget, COO & & Co-Founder of The Sandbox
This combination allows institutional financiers, brand names, and corporations to save LAND possessions with Hex Trust, rather of needing to keep these important virtual land possessions in online hot wallets exposed to security and hacking dangers.
Offering custody services for LAND, Hex Trust offers services to purchase and offer LAND, as well as funding options,