- Hex Trust extended its validator and staking infrastructure by joining XDC Network as an institutional Masternode Validator.
- Hex Trust will join a small group of credible, accountable institutions that verify transactions and contribute to network consensus.
- Hex Trust will also evaluate institutional client demand for custody support of XDC and related tokenised assets.
Hex Trust, a leading digital asset financial institution across APAC and MEA, has joined XDC Network as an institutional Masternode Validator, extending its validator and staking infrastructure to one of the industry’s fastest-growing networks for real-world asset tokenisation.
Hex Trust will operate a masternode on XDC Network, verifying transactions and contributing to network consensus, a role XDC entrusts to a select group of credible, accountable institutions.
Hex Trust to explore other XDC support routes
The move builds on Hex Trust’s established network infrastructure business, which already includes validator operations on Ethereum and Canton Network, alongside institutional staking services across major Proof-of-Stake networks.
Over the coming months, Hex Trust will also evaluate institutional client demand for custody support of XDC and related tokenised assets, potentially connecting one of Asia’s most established digital asset platforms directly into XDC’s ecosystem.
“Custody has always been treated as separate from infrastructure, something institutions bolt on after they’ve already committed to a network. Hex Trust taking on validator responsibilities changes that sequence, and we’re glad to have them building alongside us. It’s a custodian putting its own accountability behind the network it secures, and that’s exactly the kind of participation this industry needs more of,” said Ritesh Kakkad, Co-Founder, XDC Network.
Hex Trust is licensed and regulated across Singapore, Dubai and Hong Kong, serving over 450 institutional clients with over $5 billion in assets under custody. Joining XDC’s validator set brings that regulated operating standard to the consensus layer of a network at the centre of institutional tokenisation.
“Our clients want regulated access to the networks where real-world asset tokenisation is actually happening, and XDC is firmly on that list. We’ve operated validator infrastructure for years to the same standard we apply to custody. So when institutions engage with XDC, they can do it through infrastructure they already trust,” said Giorgia Pellizzari, Chief Product Officer and Head of Custody, Hex Trust
Hex Trust joins a validator set that already includes SBI Holdings, Deutsche Telekom, CertiK, UOB Venture Management, HashKey Cloud and Republic, among other regulated institutions across Asia, the Middle East and Europe. XDC Network has facilitated more than $1.3 billion in tokenised U.S. Treasury bonds and private credit to date, and its institutional validator base continues to grow across new markets.