CASE STUDY

Breaking into New Markets: Wultra's Success Story with Hex Trust

11.4.2024
Mobile phone with a crypto payment screen, Hex Trust logo, and blue background

Read up on Wultra’s delivery of an efficient, crypto-specific authentication solution in Hong Kong’s financial industry.

We’re proud to announce a big achievement: Wultra has successfully completed our first project in Hong Kong’s financial services industry. 

Wultra has partnered with Hex Trust, a digital asset custodian that provides custody, DeFi, brokerage, and financing solutions for digital asset organizations, financial institutions, and the Web3 ecosystem. As Wultra’s first client in Hong Kong, we’re proud to support Hex Trust’s mission of unlocking ownership and bolstering security in decentralized markets.

Wultra’s cooperation with Hex Trust is significant in more ways than one — in addition to gaining our first client in Hong Kong, we’ve also successfully made an entrance into the crypto industry with our delivery of a Mobile Token application for Hex Trust.

Wultra played a pivotal role in expediting the launch of the Hex Safe mobile app. Alongside prioritizing the app's security and compliance, Wultra's team consistently emphasized delivering a seamless user experience. Throughout the project, Wultra demonstrated a remarkable ability to address our requirements, culminating in our satisfaction with the final outcome.

Tommaso Natale, Hex Trust

Head of Engineering

What Sets Hong Kong’s Financial Market Apart?

Hong Kong’s financial industry has an extensive history of offering a wide array of financial services, including banking, asset management, insurance, trading, and more. It caters to both local and international clients, which has contributed to its longstanding status as a global financial hub.

In recent years, Hong Kong has also embraced a number of fintech innovations. This has led to the widespread support and adoption of cutting-edge digital financial services, including various blockchain initiatives and digital asset protocols.

How We Delivered a Crypto-Specific Authentication Solution

Wultra delivered a significantly improved Mobile Token app for Hex Safe, Hex Trust’s bank-grade platform for securing and managing digital assets. Through our team’s cooperation with Hex Trust, we packed the Hex Safe app with a wide scope of exciting new features.

It was imperative that the Hex Safe mobile application delivered a seamless authentication experience while maintaining security and regulatory compliance — this is precisely where Wultra’s solution came into play.

Learn More About Wultra’s Mobile Token Solution

Do you want to get to know our solution better? Read more about Wultra's Mobile Token and get in touch with our team to learn how we can help simplify access to your digital channels with a highly secure and user-friendly method of passwordless Strong Customer Authentication (SCA). 

Let’s keep the conversation going: Consider partnering with Wultra to meet compliance standards, deliver a secure and seamless user experience, and deliver additional value to your customers while improving your bottom line.

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Consider partnering with Wultra to meet compliance standards, deliver a secure and seamless user experience, and deliver additional value to your customers while improving your bottom line.

Ondřej kupka
ACCOUNT EXECUTIVE
ondrej.kupka@wultra.com
Picture of Account Executive Ondrej Kupka
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