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Hex Trust Integrates with XRP Ledger to Enhance Digital Asset Services

Published 02/02/2024, 06:39 AM
Updated 02/02/2024, 06:45 AM
Hex Trust Integrates with XRP Ledger to Enhance Digital Asset Services
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  • Hex Trust’s integration with XRPL offers fast, affordable blockchain solutions, enhancing digital asset custody and access.
  • New features like NFT support and Trust Line functionality enhance user experience in Hex Trust’s expanded digital custody services.
  • Hex Trust’s collaboration with Ripple highlights a commitment to innovation and leadership in advancing the digital asset industry.

Hex Trust, a digital asset custodian, has recently announced its integration with the XRP Ledger (XRPL), significantly broadening its service offerings. This integration capitalizes on XRPL’s decentralized blockchain technology, celebrated for its rapid transaction speeds, minimal costs, and energy efficiency. By aligning with XRPL, Hex Trust aims to enrich its Hex Safe platform, offering users within the XRPL ecosystem a broader array of services.

The XRP Ledger is renowned for its efficiency and scalability, boasting transaction completion times between 3-5 seconds at just $0.0002 per transaction. Its decentralized framework supports various applications, from tokenizing tangible assets like real estate and art to creating stablecoins and governance tokens.

The post Hex Trust Integrates with XRP Ledger to Enhance Digital Asset Services appeared first on Coin Edition.

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