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Hex Trust

28/F, 308 Des Voeux Rd Central, Sheung Wan, Hong Kong, Hong Kong Island

Overview

Bank-grade custody and solutions for digital assets.

Founded

2018

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Hong Kong
Singapore
United Arab Emirates
United States

Sector focus

Banking
Blockchain
Cloud Infrastructure
Cryptocurrency
...

Investment portfolio

6rounds
NAMEDATESIZE
Everything
Jan 2026Participated
$7 MSeed
MANTRA
Mar 2024Participated
$11 MOther Equity
Synnax
Mar 2024Participated
$1 MSeed
Kaleidoco
Jun 2022Participated
$7 MSeed
Hex Trust
Oct 2021Participated
$10 MOther Equity
Clearpool
Sep 2021Participated
$3 MOther Equity
Everything
Jan 2026Participated
$7 MSeed
MANTRA
Mar 2024Participated
$11 MOther Equity
Synnax
Mar 2024Participated
$1 MSeed
Kaleidoco
Jun 2022Participated
$7 MSeed
Hex Trust
Oct 2021Participated
$10 MOther Equity
Clearpool
Sep 2021Participated
$3 MOther Equity
6
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Insights

Time horizon

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Deal Distribution

Hex Trust: 6 funding rounds are recorded in the selected participation categories.All available history.
Hex Trust: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Other Equity03

Monthly Deal Activity

Hex Trust: 6 deals are recorded across 62 months.All available history.
Hex Trust: 6 deals are recorded across 62 months. All available history
MonthDeals
Sep '211
Oct '211
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '242
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Hex Trust: Fintech is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Hex Trust: Fintech is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Fintech5
Crypto & Blockchain4
Data, Analytics & IT2
Developer Tools2
Networks, Cloud & Communication1
Manufacturing1
Media & Entertainment1
AI & Machine Learning1

Deal Size Distribution

Hex Trust: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Hex Trust: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M2
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Hex Trust: Hong Kong has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Hex Trust: Hong Kong has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Hong Kong2
United States2
United Arab Emirates1
Singapore1
Hex Trust: 20 co-investors are shown, with Animoca Brands sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Hex Trust: 20 co-investors are shown, with Animoca Brands sharing 3 recorded deals. All available history
Co-investorShared deals
Animoca Brands3
GameFi Ventures3
BCW Group2
Kenetic Capital2
Sino Global Capital2
Three Point Capital2
Token Bay Capital2
280 Capital1
Adit Ventures1
Algorand Foundation1
AlphaLab Capital1
Arrington Capital1
Ausvic Capital1
Bitscale Capital1
Borderless Capital1
Cell Rising Capital1
Double Peak1
Drops Ventures1
Edessa Capital1
Everstake Capital1

Investment Strategy

Hex Trust: Led accounts for 0% and participating for 100% of round participation.All available history.
Hex Trust: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating6100%
Hex Trust: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Hex Trust: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Alessio Quaglini

CEO

Calvin Shen

Managing Director

Dario Capodici

Head of Financing

Federico Fabiano

Head of Legal & Compliance

Giorgia Pellizzari

Head of Customer Success

Rafal Czerniawski

CTO

Sam Ameen

Marketing

Shane Read

Chief Information Security Officer

Tommaso Natale

Head of Technlogy