Hong Kong, 17 July 2025 — Hex Trust, a leading digital asset financial institution specializing in custody, staking, and markets services has announced the expansion of its partnership with the Algorand Foundation, the non-profit organization dedicated to fostering the growth and development of the Algorand ecosystem. Building on their existing partnership in 2021, Hex Trust will continue to safeguard the foundation’s digital assets and will now offer support for Algorand Staking Rewards.
Under the agreement, the Algorand Foundation has made a custody allocation with Hex Trust. As the foundation’s regulated custody partner, Hex Trust will deliver institutional-grade asset protection through its fully licensed and compliant infrastructure.
In addition to custody, Hex Trust now supports Algorand Staking Rewards through secure access to Algorand’s Staking Pools. By enabling institutional access, Hex Trust offers its clients a regulated and operationally robust pathway to engage in Algorand’s on-chain governance and reward generation, maintaining high levels of control, security, and compliance.
“Algorand has long been at the forefront of blockchain innovation, and we’re proud to continue supporting their mission with secure, regulated custody,” said Giorgia Pellizzari, Head of Custody at Hex Trust. “Expanding our collaboration to include staking is a natural evolution, and demonstrates our shared commitment to delivering institutional-grade infrastructure to the Algorand ecosystem.”
“Algorand is grateful to expand our partnership with Hex Trust to enable institutional-grade custody and access to staking. Our partnership with Hex Trust underscores Algorand’s commitment to security and encouraging widespread adoption of blockchain,” said Harpal Singh, Chief Financial Officer at Algorand Foundation.
As a long-term partner and investor in Hex Trust, the Algorand Foundation’s expanded engagement reinforces the strength of their relationship, and underscores the strategic importance of working with licensed digital asset institutions. With licenses across major global financial hubs including Hong Kong, Singapore, Dubai, and Italy, Hex Trust continues to deliver secure, compliant infrastructure for blockchain foundations and institutional investors.
About Hex Trust
Established in 2018, Hex Trust offers regulated institutional digital asset custody, staking, and markets services to builders, investors, and service providers. For more information, visit Hextrust.com or follow Hex Trust on LinkedIn, X, and Telegram.
About Algorand Foundation
Algorand's mission is to power a world where information has integrity and innovative ideas can scale. The Algorand Foundation supports Algorand's rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the framework for decentralized governance. To learn more, visit algorand.co
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