Hex Trust joins hands with SIA to roll out a crypto custody platform

SIA, a multinational payments firm based in Italy, has teamed up with Hex Trust, a crypto custodian, to help its European banking clients hold digital currencies. A report unveiled this news on October 22, noting that this collaboration will see the firms launch a blockchain-based platform for financial institutions. Reportedly, this platform will help banks hold crypto assets securely on behalf of their clients. According to the report, the platform will support different crypto coins, including security tokens, utility tokens, Central Bank Digital Currencies (CBDCs), and stablecoins. Additionally, the platform will be able to operate on different blockchain protocols. While