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Crypto custodian Hex Trust raises $88 million in Series B funding

Hex Trust, an institutional crypto custodian based in Hong Kong, has raised $88 million in a Series B funding round. Animoca Brands and Liberty City Ventures co-led the round, with Ripple, Terra, BlockFi, Wintermute, Morgan Creek, Sino Global Capital, Primavera Venture Partners and others participating.

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