Hex Trust, a digital asset custodian, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
The license allows Hex Trust to offer regulated cross-border money transfer and Digital Payment Token (DPT) services.
The company can now provide a fully integrated solution, including custody, OTC trading, and fiat on and off-ramps.
Hex Trust has existing licenses in Hong Kong, Dubai, France, and Italy, and the approval in Singapore further enhances its position as a global leader in digital asset services.