Hex Trust Joins Hands with Celo Alliance to Provide Custody Support in Asia

Leading digital asset custodian in Asia, Hex Trust, announced on Wednesday that it had joined hands with the Celo Alliance. As a part of the ‘Alliance for Prosperity,’ Hex Trust will provide custody support to Celo Blockchain’s native token, Celo Gold (cGLD).

Hex Trust, Asia’s leading digital asset custodian, has announced that it has joined the Celo Alliance, providing custody support in Asia for Celo blockchain’s native token, Celo Gold (cGLD).#blockchain #crypto #custodyhttps://t.co/fc05jXkOjh

— Hex Trust (@Hex_Trust) May 6, 2020

The Alliance for Prosperity aims to build a worldwide collaboration to decide the future of monetary aspects and access to financial services. In an official post on Medium, Hex Trust stated that the goal of their collaboration with Celo is to make cryptocurrencies accessible around the world, especially to those who just have a contact number, but no access to financial services. Commenting on the partnership, Hex Trust CEO Alessio Quaglini said,

Built around the mobile-first open blockchain Celo, the Alliance aims to provide necessary infrastructure and education to enable more people to use digital currencies, with a special focus on the Celo Dollar stablecoin.