December 2025 served as a definitive period for Hex Trust in architecting the infrastructure required for the next generation of digital finance. The firm established a strategic partnership with LayerZero, leveraging the Omnichain Fungible Token (OFT) Standard to enable compliant asset expansion across 150+ blockchains. This was immediately operationalised through the issuance and custody of wrapped XRP (wXRP). By launching with $100M in Total Value Locked, Hex Trust has set the standard for how established digital assets can transition into a multichain DeFi environment while remaining anchored by 1:1 regulated custody.
Throughout the month, leadership focused on defining the transition from speculative narratives to robust Market Infrastructure. CEO & Co-founder Alessio Quaglini utilised the Web3 Harbour’s SMART CONTACT platform to advocate for unified operating systems and instant on-chain workflows. Complementing this visionary outlook, the firm’s compliance and product teams governed the practical implementation of these standards, from navigating APAC’s most advanced regulatory markets to educating future leaders at HKU SPACE on the non-negotiables of RWA Tokenisation. Hex Trust concludes the year not just as a participant, but as the architect of a secure, institutional-grade on-chain future.
Read on for this month’s highlights.
Hex Trust has entered a strategic partnership with LayerZero to architect a compliant, standardised infrastructure for multichain asset deployment. By integrating LayerZero’s Omnichain Fungible Token (OFT) Standard, we enable foundations and token issuers to expand across multiple networks without introducing liquidity fragmentation or bridging risk. This collaboration sets the standard for secure cross-chain operations, allowing assets to remain fully backed 1:1 within our regulated custody environment while scaling across over 150 blockchains.
Read the full announcement here.
We are proud to announce the issuance and custody of wrapped XRP (wXRP), a 1:1-backed representation of native XRP designed to shape the future of cross-chain DeFi. Launching with over $100M in Total Value Locked (TVL), wXRP leverages the OFT Standard to enable seamless interoperability across Solana, Ethereum, and other major networks. This initiative governs the secure expansion of XRP’s utility, allowing institutional and retail participants to access rewards and liquidity - paired with RLUSD - within a fully regulated, audited framework.
Read the full announcement here.
The news is also featured on The Asset, Coindesk, The Block and many more.
In a feature produced by the HKTDC Milan team, Hex Trust CEO and Co-founder Alessio Quaglini provided a definitive introduction to the firm’s role within the institutional digital asset landscape. The collaboration highlights a long-standing strategic relationship with the Hong Kong Trade Development Council, which continues to support Hex Trust as it shapes the narrative of regulated digital finance across global financial centres.
The current institutional phase demands precise architecture over experimentation. Our CEO & Co-founder, Alessio Quaglini, recently outlined this transformation to The Asian Banker, asserting that regulated custody is the fundamental pillar governing Hong Kong’s digital asset expansion. Hex Trust is actively architecting the secure rails required for banks and policymakers to leverage tokenisation, ensuring assets remain protected, bankruptcy-remote, and compliant across jurisdictions.
During a session of SMART CONTACT, our CEO & Co-founder Alessio Quaglini addressed the necessity of moving beyond industry hype to focus on the fundamental driver of Web3: market infrastructure. The discussion emphasised that Hong Kong’s leadership in the sector depends on the architecture of regulated assets. This session provides a critical analysis for those observing the institutional shift toward an infrastructure-led financial ecosystem.
Annette Lu, VP Head of Compliance APAC at Hex Trust, joined Delphine Forma from Solidus Labs to explore the operationalisation of regulatory frameworks in Singapore and Hong Kong. The episode defined the rigorous standards of the Major Payment Institution license and compared rule-based versus principle-based regulation. It provides a deep dive into how Hex Trust governs global licensing and execution to set the standard for compliance in the Asia-Pacific region.
Members of The Hong Kong Y. Elite Association (HEYA) visited Hex Trust headquarters for a session on the evolution of regulated custody and RWA tokenisation. The exchange of high-calibre inquiry reflected the growing momentum behind Hong Kong’s institutional infrastructure and the next generation’s interest in the governance of digital assets.
Read more here.
At a SMART CONTACT discussion hosted by Web3 Harbour, our CEO & Co-founder Alessio Quaglini presented a practical vision for an on-chain future. The discourse focused on three strategic areas:
Hex Trust CPO and Head of Custody, Giorgia Pellizzari, delivered a keynote lecture for the Tokenisation and Digital Asset Trading module at HKU SPACE. The session defined the custodian’s role as the non-negotiable foundation for RWA Tokenisation. Pellizzari highlighted that institutional trust and regulated partnerships are the essential pillars required to transform traditional finance through digital asset adoption.
Read more here.
Hex Trust has enhanced the Hex Trust platform ecosystem by enabling native Flare (FLR) staking through WalletConnect integration. This structural update allows institutional clients to seamlessly connect supported wallets and delegate FLR/WFLR natively to participate in network governance and rewards. By architecting this integration, Hex Trust provides the necessary infrastructure for clients to manage their Flare assets with increased efficiency, accessing reward rates that can reach 10-14% APY.
This expansion further defines the platform's commitment to providing comprehensive, secure staking support across a diverse range of digital assets.
We added support for the following assets and chain:
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
