Regulated digital asset infrastructure in Singapore

Hex Technologies Pte. Ltd. is a Major Payment Institution licensed by the Monetary Authority of Singapore, providing institutional-grade Digital Payment Token and Cross-Border Money Transfer services under the Payment Services Act 2019.

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THE HEX TRUST GROUP

The leader in digital asset solutions.

Hex Technologies Pte. Ltd. is part of the Hex Trust group, an institutional-grade digital asset platform with licences across Singapore, Hong Kong and Dubai (UAE).

2018

Founding Date

$5bn

Assets under Custody Attained

450+

Clients Onboarded

$500m+

Monthly transaction volume

Built for institutions. Ring-fenced for Singapore.

Digital Payment Tokens  Custody

Institutional-grade custody for digital payment tokens, with segregated safeguarding and full auditability.

  • Custody Services

Cross-Border Money Transfer

Regulated cross-border money transfer services for Accredited and Institutional Investors, with fee and FX transparency.

  • Outbound & inbound corridors
  • Fiat Ramping / Settlement Support

Over the Counter (OTC) Trading Execution

OTC execution – available to verified Accredited and Institutional Investors under Hex Technologies Pte. Ltd.’s MAS DPT Service licence.

  • OTC Trading Execution

Services such as Wealth Management (Aura), Token Wrapping, wXRP and DPT lending or staking that appear on the global Hex Trust website are not offered in Singapore and are not regulated by MAS.

Regulated · MAS MPI - DPT Service 

Institutional-Grade Custody Solutions.

A regulated, audited and segregated custody platform for clients - engineered to meet MAS’s Consumer Protection Safeguards for DPT service providers.

Market-leading security

HSM FIPS 140-3 Level 3, Cross Domain Solution via data diodes

Institution-Grade Workflows

Full segregation of roles and responsibilities, eliminating single points of failure for seamless integrations 

SOC Engagements

SOC 1 & SOC 2 governance framework for digital asset operations and wallet infrastructure.  

Dashboard showing custody vault balance of USD 200 million, portfolio value graph of USD 400 million, asset list with token prices and network, token search dropdown, and allocation summary with pie chart.

Safeguarding & segregation

Customer assets, held in trust.

For Cross-Border Money Transfer Services: All fiat monies received from or held on behalf of customers for the purpose of executing cross-border money transfers are strictly segregated and safeguarded in accordance with Section 23 of the Payment Services Act. These customer funds are deposited directly into a dedicated, ring-fenced client bank account maintained exclusively with our designated safeguarding institution in Singapore: DBS Bank Ltd. These funds are completely insulated from Hex Technologies Pte. Ltd.’s operational capital and corporate balance sheet.

For Digital Payment Token Services: All digital payment tokens received from or held on behalf of customers are held in trust in segregated, independent client custody wallets. We utilise multi-layer cold-storage architectures, and institutional cryptographic key management, to ensure client digital assets are strictly isolated from company assets at all times. In the event of an unreconciled shortfall in customer assets resulting from an insolvency event or systemic network liquidation, you may be required to share in that shortfall proportionately with other customers. Hex Technologies Pte. Ltd. maintains granular, real-time ledger accounting of each customer’s distinct interest in any commingled asset pools.

Regulated · MAS MPI - CBMT Service

Cross-Border Money Transfer,
built for institutional flows.

A regulated cross-border money transfer service designed for clients, with fee and exchange-rate transparency and full safeguarding of customer funds.

Regulated Payment Infrastructure

Outbound & inbound CBMT

Licensed cross-border money transfer across our supported corridors, with onboarding, KYC and transaction monitoring built in.

Fiat ramping

Seamless on-ramp and off-ramp settlement services tailored exclusively for accredited and institutional investors.

Fees & Exchange Rates

Transparent fees and FX.

Exchange Rate Pricing Methodology and Intermediary Fee Disclosures. Hex Technologies Pte. Ltd. provides complete transparency over pricing architecture for institutional cross-border transfers.

Exchange Rate Fixation: Foreign exchange conversions are quoted in real-time and formulated based on prevailing wholesale interbank spot market rates, inclusive of a transparent, contractually pre-agreed conversion spread.

Correspondent and Intermediary Charges:
While outbound transactions are initiated seamlessly, final settlement values may be subject to standard Deductions at Source, processing overheads, or handling fees levied by external intermediary correspondent banks and beneficiary receiving institutions. These peripheral third-party fees occur outside our platform’s direct operational perimeter and are borne by the transacting party unless alternative billing structures are established in your Service Agreement.

Safeguarding of customer money

Customer funds, ring-fenced.

For Cross-Border Money Transfer Services: All fiat monies received from or held on behalf of customers for the purpose of executing cross-border money transfers are strictly segregated and safeguarded in accordance with Section 23 of the Payment Services Act. These customer funds are deposited directly into a dedicated, ring-fenced client bank account maintained exclusively with our designated safeguarding institution in Singapore: DBS Bank Ltd. These funds are completely insulated from Hex Technologies Pte. Ltd.’s operational capital and corporate balance sheet.

For Digital Payment Token Services: All digital payment tokens received from or held on behalf of customers are held in trust in segregated, independent client custody wallets. We utilise multi-layer cold-storage architectures, and institutional cryptographic key management, to ensure client digital assets are strictly isolated from company assets at all times. In the event of an unreconciled shortfall in customer assets resulting from an insolvency event or systemic network liquidation, you may be required to share in that shortfall proportionately with other customers. Hex Technologies Pte. Ltd. maintains granular, real-time ledger accounting of each customer’s distinct interest in any commingled asset pools.

Scope limitation

Scope Limitation and Non-Covered Foreign Corridors

Please note that the cross-border money transfer capabilities featured on this subpage are strictly limited to standard fiat currency remittances and direct fiat-to-token on/off ramping legs approved under the Singapore Payment Services Act. This service does not facilitate or support money routing configurations through high-risk jurisdictions currently under global restrictive sanctions or specifically flagged as non-cooperative by the Financial Action Task Force (FATF). Furthermore, any peer-to-peer decentralised credit routing mechanisms or unbacked foreign lending products found on our parent organisation’s global portal are strictly unavailable through Hex Technologies Pte. Ltd. in Singapore.

Regulated · MAS MPI - DPT Service

OTC Trading Execution

Bilateral OTC execution for digital assets, delivered under Hex Technologies Pte. Ltd.’s MAS MPI licence for Digital Payment Token Services. Available to verified Accredited and Institutional Investors as defined in section 4A of the Securities and Futures Act 2001.

Advanced Risk Management

Real-time monitoring across multiple exchanges with institutional-grade security protocols.

Regulated & Compliant

Operating under top-tier licenses including, MPI (Singapore), VARA (Dubai) and other global jurisdictions.

Efficient Execution

Competitive pricing, tight spreads, and fast settlement through pre-funded facilities.

Dashboard showing custody vault balance of USD 200 million, portfolio value graph of USD 400 million, asset list with token prices and network, token search dropdown, and allocation summary with pie chart.

Who qualifies?

Accredited & Institutional Investor - primer.

Under section 4A of the Singapore Securities and Futures Act 2001, an Accredited Investor includes (broadly) individuals with net personal assets exceeding S$2 million, financial assets exceeding S$1 million, or income in the preceding 12 months not less than S$300,000; and certain corporations meeting prescribed asset thresholds.

An Institutional Investor includes specified regulated financial institutions, government entities and certain other prescribed persons.

Eligibility. Access to OTC Trading requires (i) successful Accredited or Institutional Investor verification under SFA s.4A, (ii) completion of Hex Technologies Pte. Ltd.’s institutional onboarding (KYC, sanctions and source-of-funds), and (iii) execution of Hex Technologies Pte. Ltd.’s institutional terms.

Institutional Scope and Market Suitability Affirmation

Over-the-Counter (OTC) trading services provided by Hex Technologies Pte. Ltd. are strictly reserved for corporate entities, financial institutions, and individuals formally onboarded and verified as Accredited Investors or Institutional Investors under Section 4A of the Securities and Futures Act 2001 of Singapore. In accordance with the market conduct mandates enforced by the Monetary Authority of Singapore (MAS), our OTC liquidity desk does not solicit or provide quote execution pipelines to the retail public. Digital Payment Tokens (DPTs) are characterised by extreme price volatility and illiquidity risks. By utilising our OTC execution framework, counterparties represent that they possess the specialised financial capacity and commercial sophistication required to independently evaluate, absorb, and manage the structural market risks associated with high-value digital asset block trading.

This is a summary for information only. Final eligibility is determined by Hex Technologies Pte. Ltd.’s onboarding process and the prevailing legal definitions.

Contact Hex Trust Singapore:

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Risk warning on Digital Payment Token services

The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a digital payment token (DPT) service provider.

Before you (a) pay Hex Technologies Pte. Ltd. any money or DPT, or (b) pay any third party any money or DPT under an arrangement by Hex Technologies Pte. Ltd., you should be aware of the following:

1. Hex Technologies Pte. Ltd. is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to Hex Technologies Pte. Ltd. or any other third party referred to above, if Hex Technologies Pte. Ltd.’s or the third party’s business fails.

2. You should also be aware that a trust account or segregated account maintained by Hex Technologies Pte. Ltd. for your benefit may not fully protect your money or DPTs from loss if Hex Technologies Pte. Ltd.’s business fails.

3. You should be aware that MAS does not supervise or regulate Hex Technologies Pte. Ltd. for the provision of unregulated services. This includes any service of trading digital payment token derivatives such as futures.

4. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Hex Technologies Pte. Ltd.

5. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.You should be aware that Hex Technologies Pte. Ltd., as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
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