Qraft Technologies and Hex Trust Forge AI-Driven Partnership to Revolutionize Digital Asset Investment Landscape
Qraft Technologies partners with Hex Trust, leveraging AI to enhance digital asset investments. The alliance aims to bridge traditional and digital asset management, optimizing cryptocurrency portfolios.
Qraft Technologies, a fintech firm aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing, has announced a strategic alliance with Hex Trust, a fully-licensed and insured digital asset custodian led by veteran banking technologists and award-winning financial services experts. This partnership, solidified by the signing of a Memorandum of Understanding ("MoU"), will see Qraft developing digital asset products rooted in its AI-driven asset allocation models, tailored specifically for Hex Trust's clientele.
Francis Oh, the APAC CEO of Qraft Technologies, expressed his enthusiasm about the collaboration, stating, "This strategic collaboration represents a significant step forward in our mission to empower investors with AI-driven tools, helping them navigate the complex financial markets more efficiently and effectively."
Qraft's journey began in 2016, and over the years, it has established a commendable track record, including the development and management of multiple ETFs. Their advanced AI solutions have been embraced by over 20 global financial institutions. In a notable event in 2022, Qraft secured a substantial investment of US$146 million from the SoftBank Group, marking a strategic alliance to further the role of AI in asset management.
The risk management solutions, now being designed for Hex Trust, leverage Qraft’s cash allocation AI-powered risk model. This AI technology by Qraft aims to bridge the gap between conventional asset management and digital asset management. The objective is clear: to equip cryptocurrency investors with the tools to make informed decisions, optimizing their portfolios in a dynamic financial environment.
On the other side of this partnership, Hex Trust has built Hex Safe, an institutional-grade platform catering to digital asset protocols, foundations, and the broader Web3 ecosystem. With a global presence, Hex Trust operates from multiple locations including Hong Kong, Singapore, and Dubai. Alessio Quaglini, the CEO & Co-founder of Hex Trust, shared his perspective: "Their AI-powered risk models complement our vision of providing efficient access to decentralized markets unlocking ownership in decentralized markets. By combining forces, we aim to offer a new paradigm of investment opportunities to our clients’ institutional investors, promoting a more inclusive and sustainable financial ecosystem."
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