Hex Consider, a regulated institutional-grade crypto-asset custodian, nowadays introduced it has partnered with The Sandbox, a number one decentralized gaming digital global to allow fully-licensed and highly-secure custody of belongings akin to LAND in The Sandbox’s metaverse.
The partnership sees Hex Consider totally combine LAND into its custody platform, Hex Secure, which helps cryptocurrencies, safety tokens, and NFTs. The Sandbox has added Hex Consider as an authorized spouse to its listing checklist for custody products and services.
“We’re all the time looking out to offer new tactics to safe our group’s virtual belongings and convey peace of thoughts to The Sandbox’s group. After running with Hex Consider for the previous few months, we’re very excited to officially identify a partnership to additional combine their products and services into the metaverse.”
– Sebastien Borget, COO & Co-Founding father of The Sandbox
This integration permits institutional buyers, manufacturers, and firms to retailer LAND belongings with Hex Consider, as an alternative of getting to retailer those precious digital land belongings in on-line scorching wallets uncovered to safety and hacking dangers.
But even so offering custody products and services for LAND, Hex Consider supplies products and services to shop for and promote LAND, in addition to financing answers, together with leasing LAND belongings and digital mortgages. Hex Consider entered The Sandbox’s metaverse in 2022 and acquired an Property within the ‘Web3 Zone’.
“Hex Consider and The Sandbox had been running intently in combination over the previous couple of months following the release of our NFT custody products and services again in early 2020. It’s nice to solidify our dating with an authorized partnership, proceeding to give you the best-in-class custody products and services for belongings within the metaverse to fulfill expanding institutional call for. As web3 continues to develop, extra manufacturers and buyers will want highly-secure answers equipped through custodians to retailer their belongings with peace of thoughts in a fully-compliant method.”
– Alessio Quaglini, CEO & Co-Founding father of Hex Consider
SAND is The Sandbox application token, SAND is used to shop for LAND, ASSETS, or to spend money on staking swimming pools.