Hex Belief, a regulated institutional-grade crypto-asset custodian, in the present day introduced it has partnered with The Sandbox, a number one decentralized gaming digital world to allow fully-licensed and highly-secure custody of property comparable to LAND in The Sandbox’s metaverse.
The partnership sees Hex Belief totally combine LAND into its custody platform, Hex Secure, which supports cryptocurrencies, safety tokens, and NFTs. The Sandbox has added Hex Belief as a licensed accomplice to its listing listing for custody providers.
“We’re all the time looking out to offer new methods to safe our neighborhood’s digital property and convey peace of thoughts to The Sandbox’s neighborhood. After working with Hex Belief for the previous few months, we’re very excited to formally set up a partnership to additional combine their providers into the metaverse.”
– Sebastien Borget, COO & Co-Founder of The Sandbox
This integration permits institutional buyers, manufacturers, and firms to retailer LAND property with Hex Belief, as an alternative of getting to retailer these worthwhile digital land property in on-line scorching wallets uncovered to safety and hacking dangers.
Apart from offering custody providers for LAND, Hex Belief supplies providers to purchase and promote LAND, in addition to financing options, together with leasing LAND property and digital mortgages. Hex Belief entered The Sandbox’s metaverse in 2022 and bought an Property within the ‘Web3 Zone’.
“Hex Belief and The Sandbox have been working carefully collectively over the previous few months following the launch of our NFT custody providers again in early 2020. It’s nice to solidify our relationship with a licensed partnership, persevering with to offer the best-in-class custody providers for property within the metaverse to satisfy growing institutional demand. As web3 continues to develop, extra manufacturers and buyers will want highly-secure options offered by custodians to retailer their property with peace of thoughts in a fully-compliant method.”
– Alessio Quaglini, CEO & Co-Founder of Hex Trust
SAND is The Sandbox utility token, SAND is used to purchase LAND, ASSETS, or to put money into staking swimming pools.