Mason Privatbank in Liechtenstein Offers Digital Asset Custody Services for Asia-Based Clientsby Company Announcement June 16, 2020
Hex Trust has announced that Mason Privatbank Liechtenstein AG, has selected them to provide digital asset custody services for their Asia-based clients.
The partnership enables Mason Privatbank Liechtenstein AG’s clients (high net worth individuals and institutions) to safely and securely hold, trade and access digital assets on Hex Trust’s custody platform — Hex Safe. The digital assets which are available on Hex Safe range from cryptocurrencies, stablecoins, to security tokens. The Hex Safe platform integrates third-party lending, staking, borrowing and trading platforms, which allows clients to access the digital asset ecosystem while their assets are held in secure custody. The partnership also extends the network for Hex Trust and allows their ecosystem of partners to access Mason Privatbank Liechtenstein AG’s clients.
Mason Privatbank Liechtenstein AG is developing the private banking sector’s adoption of digital assets and is offering this service for their clients. With a history of more than 20 years, they have successfully established themselves as a boutique private bank in Liechtenstein and now, since they have been taken over by the Mason Group, expanding their services with a focus on digital assets.
Hex Trust’s proprietary technology has been specifically designed to provide the leading digital asset custody services for the banking sector via its compliance-first framework and flexible deployment options. Hex Trust has a global partnership with IBM for digital asset custody services and provides the Hex Safe platform with market-leading security. Digital assets held on Hex Safe also have insurance coverage arranged by Aon.
Hubert Buechel, CMO of Mason Privatbank Liechtenstein AG, said:
“We see more and more demand from asset managers and investors who want to diversify their portfolios and invest in digital assets. A trend that has only been amplified in light of the current market turbulences. Our goal is to offer regulated, but frictionless banking-grade digital assets cold storage to our clients, and this is why we team up with Hex Trust. ”