The Hex Trust Group, a leading provider of digital asset services for institutional finance, protocols, foundations, and the Web3 ecosystem, has partnered with WalletConnect, the core developer of the trusted open-source WalletConnect protocol and Web3 SDK kits that bridge crypto wallets and decentralized applications.
The integration is set to transform the user experience in the Web3 space, allowing Hex Trust’s users to seamlessly interact with over 6,000 Web3 and Web2 applications across EVM chains.
“Our partnership with WalletConnect opens up new possibilities for our users across various use cases. Whether it’s trading and DeFi, NFT marketplaces, or gaming and collectibles, WalletConnect empowers users to easily access and engage with these applications directly from their trusted wallets.” – Giorgia Pellizzari, Head of Custody at Hex Trust.
Renowned for its secure and reliable connectivity solutions in the blockchain space, WalletConnect’s partnership with Hex Trust brings a new level of convenience and security, allowing users to sign transactions, interact with smart contracts, and authenticate wallet ownership effortlessly. This enhanced functionality powers the Hex Safe UI, where users now benefit from WalletConnect’s intuitive interface and engage with the Web3 ecosystem while maintaining robust asset security.
“We’re delighted to support the integration of WalletConnect in the Hex ecosystem. We built WalletConnect with the core vision of improving connectivity and interoperability across Web3 without sacrificing security. With this new advancement, both users and builders within the Hex ecosystem can now leverage not only the power of better connection through the WalletConnect protocol but also experiential improvements across the board – from security to UX.” – Jess Houlgrave, CEO, WalletConnect
Notably, Hex Trust’s advanced custody solution, leveraging WalletConnect, empowers users with full control over their transactions. Users can implement Transaction Authorization Policies and bespoke rules, enabling multi-signature approvals and the designation of specific individuals for transaction execution, subject to pre-defined limits. Users can also select preferred dApps and smart contracts, further streamlining their Web3 workflows and enhancing the security of their interactions.
Key capabilities unlocked through this integration include:
- Transaction Signing: Hex Safe users can conveniently sign transactions or messages requested by dApps, ensuring a secure and reliable transaction process.
- Authentication through Signature Requests: WalletConnect enables dApps to verify wallet ownership through a single signature request, simplifying the login and verification process for users.
This currently only applies to EVM-compatible chains.
The integration of WalletConnect with Hex Trust is a significant milestone in the advancement of blockchain technology’s adoption and usability across the digital asset industry. By combining Hex Trust’s institutional-grade custody services with WalletConnect’s seamless connectivity solutions, users can experience a new level of convenience and security in their Web3 interactions.