RFUEL Community Crowdsale funds to be held in Custody by Hong Kong Licensed Trust Company.
Hong Kong based qualified digital asset custodian Hex Trust has been entrusted by RioDeFi team to safeguard their digital assets.
Headquartered in Hong Kong, Hex Trust is best known for providing licensed bank-grade custody solutions for institutional clients.
Led by experienced technologists and innovators from the banking sector, Hex Trust is the gateway for their adoption of DeFi & digital assets.
Built with the highest security standards and enterprise-grade workflows, their proprietary platform, Hex Safe, has been specifically designed for the banking sector.
Their strategic partnerships with IBM, R3, and their rigorous approach to compliance, positions Hex Trust as the leading platform for financial institutions in the growing digital assets ecosystem.
The collaboration between RioDeFi and Hex Trust aims primarily at safeguarding the funds collected during RFUEL Community Crowdsale within Hex Safe.
In the words of Hex Trust’s CEO, Alessio Quaglini: “At Hex Trust, our core objective is to safeguard client’s digital assets and provide them with seamless connectivity to both the DeFi and CeFi ecosystems. We have recently integrated with RioDeFi and now provide custody services for the funds raised in both their private sale and community crowdsale. Our mission is to ensure they have the necessary bank-grade security, which should hopefully add an extra level of confidence to their community, that the RioDeFi team is taking the correct precautions to protect their assets. It’s been a pleasure working with the RioDeFi team and we envisage to be a long-term partner for their project. We are here to help them with any technical or security issues that they may face in the future.”
This is what James Anderson, CEO at RioDeFi had to say: “Our core vision at RioDeFi is to bridge the world of digital currencies with the traditional financial and banking systems. Working with Hex Trust helps us minimize the technical and operational risks associated with holding large amounts of digital assets. We are thrilled to collaborate with them in redefining our industry’s standards in terms of asset security and overall project accountability. “
About Hex Trust
Hex Trust is the leading digital asset custodian for the banking sector. The platform, Hex Safe, provides compliance-focused custody infrastructure, deployment flexibility, and seamless integration with third-party service providers in the ecosystem such as exchanges, OTCs, lending, and staking platforms. Headquartered in Asia, Hex Trust is fully licensed and has offices in Hong Kong, Singapore, Vietnam, and Germany.
About RioDeFi
RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services. To that end, we develop applications that connect people to digital assets, mobile payments, and DeFi services such as savings and lending. Our solutions enable lower transaction fees, faster confirmations, energy efficiency, secure storage, and global reach.
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