Digital Prime Brokerage GCEX (GCEX Group) has extended its partnership with Hex Trust, an institutional-grade digital asset custodian, to include staking.

This latest development, building on the launch of GCEX’s staking services in April 2023, enables the firm to offer an even broader range of assets for staking to brokers, fund managers, hedge funds and professional traders.

Through its partnership with Hex Trust, GC Exchange A/S will offer its institutional and professional clients a further nine new assets for staking, including ETH, HBAR, Flare, Apecoin and more. Further asset types will be added in response to client demand.

Michael Aagaard, Managing Director, GCEX Denmark said, “We have a strong and trusted relationship with Hex Trust, who have been our custody partner for over two years. With the increasing demand for staking services, we are delighted to be extending our partnership with Hex Trust, providing our institutional and professional clients with further choice for earning rewards on their digital assets.”

“Our strategy is to continue to push boundaries through partnerships with highly credible firms in the industry, offering our clients the best possible products and service, with robust technology and secure, segregated custody.”

Giorgia Pellizzari, Head of Custody, Hex Trust said, "We've been providing custody services for GCEX for a couple of years, so it's great to extend our services to include digital asset staking. Hex Trust currently provides staking for several assets and continually assesses which ones to add next. We're proud to offer secure and seamless staking to clients like GCEX through the safety of our custody platform, Hex Safe."

GCEX Group enables institutional clients to access deep liquidity in FX and CFDs on digital assets, as well as digital assets spot trading and conversion as well as a broad range of trading solutions - XplorDigital. Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK’s FCA, registered with the Danish FSA and as a VASP and currency exchange and has been granted a Virtual Asset Service Provider License for the MVP phase by the Dubai Virtual Assets Regulatory Authority. True Global Ventures are investors in GCEX.