4 min read

Luganodes X Hex Trust: Bank-Grade Secure Staking

Securing Digital Assets

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Published on

26 Aug, 2024

Introduction

Luganodes is pleased to partner with Hex Trust, a prominent provider of institutional-grade custody and security solutions for digital assets. This collaboration aims to bring Luganodes’ advanced staking infrastructure to Hex Trust's robust custody services, enhancing their offerings and providing their clients with improved digital asset management.

What Hex Trust Brings to the Table

Hex Trust is a digital asset custodian that provides a variety of solutions to protocols, foundations, institutions, and the greater Web3 ecosystem. It holds certifications and licenses across multiple countries. This demonstrates its commitment to providing the highest levels of security and service to institutional clients worldwide.

The three core offerings provided by the platform are custody, markets, and staking. The team designs each of these services to provide a comprehensive and secure digital asset management experience.

  1. Custody: Hex Trust's custody solutions are built on a regulated infrastructure for scalability and growth. Their platform, Hex Safe, offers features such as auditability, flexible sub-accounts, bank-grade workflows, and market-leading security measures. With SOC-2-compliant governance and full custody and settlement APIs, the platform ensures the highest level of security and transparency.

  2. Markets: Hex Trust Markets provides safe and seamless access to the DeFi ecosystem. This allows clients to generate yield through native on-chain staking solutions and execute trades securely. With support for a wide range of assets and dedicated 24/7 trading support, the Markets offering allows clients to maximize strategic gains in the DeFi space. The platform's deep liquidity pools and efficient trade settlement processes ensure a smooth and secure trading experience.

  3. Staking: Hex Trust's staking services allow clients to secure blockchain networks while earning rewards. The platform supports multiple networks, including Ethereum, Celestia, Injective, and Dymension. With institutional-grade infrastructure, this platform provides a hassle-free staking process, ensuring bank-grade security and reliable node uptime. This service allows clients to unlock the passive earning potential of their digital assets.

Hex Trust's Staking Services

Hex Trust offers a seamless and secure staking experience through its institutional-grade infrastructure. Luganodes often highlights the multiple factors that make staking a compelling investment tool. Staking allows investors to earn rewards as they contribute to the network's security and efficiency.

  • Capital Efficiency: Users can earn yields on otherwise dormant capital, therefore making their assets work harder for them.

  • Governance Participation: Stakeholders gain the power to vote on proposals that shape the future of the blockchain.

  • Network Security: By staking with highly secure and trusted validators, users help strengthen the network against malicious attacks.

Luganodes X Hex Trust

The partnership between Luganodes and Hex Trust brings together two industry leaders with a shared vision of providing institutional-grade staking services and digital asset solutions.

Luganodes, known for its expertise in blockchain infrastructure, will provide staking infrastructure to Hex Trust, enhancing its staking services and ensuring seamless integration for clients. This collaboration leverages Luganodes' robust infrastructure and Hex Trust's secure and compliant custodial services to deliver a superior staking experience.

Through this partnership, Luganodes will enhance its integrations across its esteemed partner network and extend staking services to a larger client base. This collaboration is set to establish new industry standards, providing clients with the tools and support they need to manage their digital assets effectively.

"Hex Trust's bank-grade custody services are impressive and align perfectly with Luganodes' commitment to security and institutional clients. This partnership enables Hex Trust to enhance their staking services while allowing Luganodes to better integrate across the institutional custody ecosystem."

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Anuj Shankar

CEO, Luganodes

Conclusion

This partnership underscores our commitment to innovation and excellence in the institutional digital asset space, ensuring that clients have access to the best-in-class services for managing their digital assets. By joining forces, Luganodes and Hex Trust will enhance the digital asset ecosystem, offering unparalleled security, transparency, and performance.

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.

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