In July, institutional momentum remained strong as capital followed clarity, yield, and utility across digital asset markets. From record ETF inflows and altcoin rotation to regulatory shifts in support of stablecoins, the macro-driven phase of crypto continued to take shape.
Our CEO and Co-founder, Alessio Quaglini, was appointed to the Hong Kong SAR Government’s Task Force on Web3 Development. Chaired by the Financial Secretary, the Task Force brings together leaders from government, finance, and technology to shape the city’s Web3 strategy.
We also welcomed Rohit Apte as Head of Markets and named Marty Jetton as Chief Risk Officer, strengthening our leadership team.
On the product side, we launched support for STX staking and sBTC, introduced institutional staking for Algorand, and surpassed 400 supported assets on Hex Safe.
In the media, our team was featured in Tatler, Decrypt, Ming Pao and RTHK’s Money Talk, sharing insights on market structure, stablecoins, regulation, and institutional Bitcoin strategies.
Read on for July’s highlights.
Our CEO and Co-founder, Alessio Quaglini, was appointed as a member of the Hong Kong SAR Government’s Task Force on Promoting Web3 Development. As Hong Kong reinforces its position as a global digital asset hub, we’re honoured to help guide the frameworks that will enable the next phase of secure and inclusive Web3 development.
Read the full announcement here.
Featured in: The Asset | Hubbis | FintechFinance News
In July, we welcomed Rohit Apte as Head of Markets. With over 20 years’ experience at HSBC and Matrixport, Rohit brings deep expertise in scaling institutional businesses. He joins as we accelerate growth across our Markets services—a core pillar of our strategy to become a full-service digital asset financial institution.
Read the full announcement here.
Featured in: Hubbis | FintechFinance News | Fintech News Hong Kong
Building on a trusted relationship that began in 2021, we reached a new milestone in our partnership with the Algorand Foundation. We now provide secure, institutional access to Algorand Staking Rewards, expanding on our role as their licensed custody partner.
Read the full announcement here.
As CRO, Marty will lead Hex Trust’s global risk function, overseeing enterprise-wide risk frameworks across all jurisdictions. A Hex Trust veteran, he previously served as COO and Chief Network Officer, and most recently as an Advisory Board member focused on risk, governance, and operational resilience.
Read the full announcement here.
Tatler has recognised Alessio Quaglini as a 2025 Gen.T Leader—an annual list celebrating influential change-makers shaping the future of Asia. Now in its tenth edition, the list celebrates visionary entrepreneurs driving innovation across sectors, including digital assets and financial services.
Calvin Shen spoke with Ming Pao about how Hex Trust is operating across Asia and MENA’s evolving regulatory landscape. He highlighted Hong Kong’s institutional strength and Dubai’s innovation-driven sandbox approach as complementary frameworks shaping the future of digital asset supervision. Calvin also underscored our regulatory-first model and commitment to operating with full accountability across licensed jurisdictions.
Read the full interview in Ming Pao.
With Bitcoin gaining traction as a strategic treasury asset, Giorgia Pellizzari, Head of Custody, joined RTHK Radio 3’s Money Talk to discuss how institutions are integrating Bitcoin into their treasury planning and investment strategies. The interview covered the rise of BTCFi, the importance of licensed custody, and how regulatory clarity in Asia is driving institutional adoption at scale.
Catch the full recording here.
Hex Trust featured prominently in Decrypt this month, with leadership commentary across major regulatory and market developments. Calvin Shen shared views on Singapore’s crypto licensing deadline, while Charmaine Tam weighed in on U.S. ETF flows, derivatives, new U.S. legislation, and Standard Chartered’s entry into spot crypto trading. Giorgia Pellizzari discussed the growing role of stablecoins in settlement, tokenization, and institutional liquidity in Hong Kong.
James Lindsay joined experts from Nine Blocks Capital Management, BitGo, and 1291 Group for a webinar exploring institutional strategies and opportunities in today’s crypto environment. Against a backdrop of shifting macro headwinds, political uncertainty, and fast-changing market dynamics, the panel discussed how institutions are recalibrating their approach, balancing regulatory developments, product innovation, and long-term conviction in digital assets. Watch the recording here.
At the 100 Women in Finance panel in Hong Kong, Giorgia Pellizzari joined leaders from Goldman Sachs, OSL and HashKey Capital to discuss career transitions into digital assets. The panel explored the skillsets driving success in Web3 and the expanding opportunities within Hong Kong’s crypto ecosystem. A shared takeaway: there’s no single path into the industry—curiosity and adaptability are key.
Congratulations to our Head of Legal, Federico Fabiano, on being appointed a panel judge for the 2025 LexisNexis Hong Kong and Taiwan “40 Under 40 Awards”, which recognises rising legal talent in Hong Kong.
From STX staking to new asset listings, July saw key enhancements across our custody and staking offering.
We now offer institutional access to STX staking and sBTC, enabling clients to earn native Bitcoin rewards through our secure, regulated infrastructure. Key features include:
✔️ STX staking supported in partnership with Chorus One and Kiln.
✔️ Early access to sBTC—1:1 Bitcoin-pegged and DeFi-ready.
✔️ BTC rewards paid directly to client vaults.
✔️ No external wallets or manual connections required—delivering a streamlined, end-to-end onboarding experience.
✔️ Infrastructure aligned with institutional security, compliance, and operational standards.
Learn more about staking with Hex Trust here.
We integrated the Etherlink blockchain, and added support for additional assets:
Hex Trust now supports over 400 digital assets across custody, staking, and markets, empowering builders, investors, and service providers with secure, efficient access to the digital asset economy. Key infrastructure features include:
✔️ Regulatory alignment across key global jurisdictions.
✔️ Multi-wallet infrastructure with instant execution.
✔️ Air-gapped architecture with multi-party approvals.
✔️ Fully-segregated assets and bankruptcy protection.
✔️ No single points of failure.
✔️ Institutional-grade custodial staking.
View the full list of supported chains and assets on our Knowledge Base.
Thanks for following our journey. We’ll be back next month with more updates on how we’re shaping the future of digital finance alongside our partners and clients.
For further information and assistance, contact our support team at clients@hextrust.com
— The Hex Trust Team
