Hex Trust, the Asia-based licensed and insured provider of bank-grade custody and associated services for digital assets, has received a Minimum Viable Product (MVP) licence from Dubai’s Virtual Asset Regulatory Authority (VARA). This follows the issuance of its provisional license in June 2022. The MVP licence will allow Hex Trust to provide a wide range of virtual asset services to institutional clients and sophisticated investors in Dubai within its framework for virtual asset service providers (VASPs). The range of services Hex Trust can provide includes virtual assets custody, broker-dealer services and staking services.
