Hex Trust
Founded 2018 · 119 employees on LinkedIn · 12 known investors
Find your way into Hex Trust
725 people in our graph share verified history with the Hex Trust team — schools, employers, funds. One of them is your warm intro.
Paul Kwanunlockedknows Alessio Quaglini · together at Stanford University (overlapped)
×7knows the team · via Stanford University
knows the team · via IE Business School
knows the team · via BBVA
×2knows the team · via Value Team
Hex Trust builds technology platforms serving large financial institutions in the banking and finance sector. The team has experience in banking, finance, and developing complex financial technology systems.
Founders & leadership
Hex Trust was founded in 2018 by Alessio Quaglini.
AQ
Alessio QuagliniinCEO & Co-FounderAlessio Quaglini is CEO and co-founder of Hex Trust, a digital asset custodian serving financial institutions and blockchain participants. He previously held Head of Strategy roles at BBVA for Asia, worked in market supervision at Italy's Consob financial authority, and founded cryptocurrency hedge fund Arepo Capital in 2016; he holds a master's degree in telecommunications engineering from La Sapienza University, an MBA from IE Business School, a quantitative finance diploma from Stanford University, and is a CFA charterholder.
Investors · 12
Eterna CapitalLondon
Fenbushi CapitalShanghai · $1.3M – $30M
QBN CapitalHong Kong
Ryze LabsMiami
Token Bay CapitalAbu Dhabivia Lucy Gazmararian · inferred
WintermuteLondon
Injectivereported · 2 sources
LeadBlock PartnersreportedLondon
Morgan Creek CapitalreportedChapel Hill · $1M – $5M
Protocol LabsreportedSan Francisco
RipplereportedSan Francisco
Terraform Labsreported
Funding
SEC filings, press & company announcements$88M disclosed across 1 of 2 rounds · 2022
- $88MSeries BMar 2022 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 10
by search overlapCoinGecko36 shared keywordsCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.
Coinbase31 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Kraken26 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Ledger23 shared keywordsLedger provides hardware and software cryptocurrency wallet solutions that enable users to buy, swap, earn, and manage digital assets with security features and portfolio tracking capabilities across multiple blockchain networks.
Hex19 shared keywordsHex builds tools for data analysis and visualization, serving data teams, analysts, and organizations that need to work with data. The platform is used by AI labs, financial institutions, and other enterprises globally.
Netezza17 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Anchorage16 shared keywordsAnchorage Digital is a global cryptocurrency platform providing institutions with custody, staking, trading, governance, and settlement services, along with security infrastructure. The company operates through federally chartered and internationally licensed entities serving institutional clients managing digital assets.
Fireblocks survey15 shared keywordsFireblocks provides infrastructure and platform services for managing digital assets and transactions, serving enterprises and startups that build and operate blockchain-based financial solutions.
Crypto15 shared keywordsCrypto.com operates a cryptocurrency exchange and digital asset platform serving 150 million users across 90 countries, with a mission to accelerate global adoption of cryptocurrency.
Yubico13 shared keywordsYubico manufactures hardware security keys and authentication solutions that protect user identities and prevent unauthorized access for enterprises and consumers. The company develops FIDO/WebAuthn standards and security devices used globally to secure internet access.
Companies competing with Hex Trust for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Hex Trust do?
- Hex Trust builds technology platforms serving large financial institutions in the banking and finance sector. The team has experience in banking, finance, and developing complex financial technology systems.
- Who founded Hex Trust?
- Hex Trust was founded by Alessio Quaglini in 2018.
- Who are Hex Trust's investors?
- Hex Trust's investors include Eterna Capital, Fenbushi Capital, QBN Capital, Ryze Labs, Token Bay Capital, Wintermute, Injective, LeadBlock Partners and 4 more.
- How much funding has Hex Trust raised?
- Hex Trust has disclosed $88M raised across 1 of its 2 known rounds.