Our take
Hex Trust
Hex Trust provides a comprehensive custodial infrastructure designed strictly for institutional market participants, financial institutions, and corporate entities. Founded in 2018, the company operates across key global financial hubs including Hong Kong, Singapore, Dubai, and Europe, maintaining relevant regulatory trust and provider registrations. Its core platform, Hex Safe, integrates hardware security modules with policy based multi-party signoffs, offering institutional balance sheets resilient asset protection.
While retail traders cannot open individual accounts, enterprises benefit from deep token coverage, validator staking integration, and compliant off-exchange settlement pathways. Institutional buyers must navigate custom commercial contracts, bespoke tiering, and intensive compliance onboarding. For enterprises seeking regulated custody with operational flexibility across decentralized and centralized markets, Hex Trust stands out as a serious infrastructure provider.
Komainu
Komainu delivers institutional digital asset custody designed specifically for fund managers, financial institutions, and corporate balance sheets. Founded in 2020 as a joint venture between Nomura, digital asset manager CoinShares, and security infrastructure developer Ledger, the platform bridges traditional financial compliance with native blockchain architecture. By leveraging modified Ledger hardware security modules alongside custom firmware, Komainu eliminates single points of failure across private key storage while maintaining strict segregation between client assets.
The platform excels at resolving counterparty risk through its Komainu Connect framework, allowing institutional traders to post collateral to trading venues without moving underlying assets out of regulated cold custody. While high asset minimums, bespoke legal contracting, and deliberate operational signing delays make Komainu unsuitable for retail users, it remains an exceptionally robust custodial infrastructure provider for institutional capital allocation.