Hex Trust Bolsters Institutional Support for Stacks (STX) and sBTC

Digital asset financial institution Hex Trust has expanded its support for Stacks (STX) and sBTC, a decentralized Bitcoin-backed asset from Stacks. This move further solidifies Hex Trust’s role in driving adoption of Bitcoin within DeFi. The expansion follows Hex Trust’s prior partnership with the Stacks Asia Foundation to integrate Stacks-based assets and on-ramps for institutional investors. Leveraging its existing presence in key Asian and UAE markets, Hex Trust is uniquely positioned to cater to growing demand from institutions seeking secure and reliable ways to deploy their Bitcoin holdings.