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Hex Trust, WalletConnect up Web3 experience
Partnership combines institutional-grade custody services with seamless connectivity
The Asset 5 Mar 2024

Digital asset services provider Hex Trust has partnered with WalletConnect – the core developer of the  open-source WalletConnect protocol and Web3 SDK kits that bridge crypto wallets and decentralized applications – to allow Hex Trust’s users to interact with over 6,000 Web3 and Web2 applications across Ethereum virtual machine-compatible chains.

The partnership, the company says, “brings a new level of convenience and security, allowing users to sign transactions, interact with smart contracts, and authenticate wallet ownership effortlessly. This enhanced functionality powers the Hex Safe UI, where users now benefit from WalletConnect’s intuitive interface and engage with the Web3 ecosystem while maintaining robust asset security.”

Notably, Hex Trust’s advanced custody solution, leveraging WalletConnect, empowers users with full control over their transactions. Users can implement transaction authorization policies and bespoke rules, enabling multi-signature approvals and the designation of specific individuals for transaction execution, subject to pre-defined limits. Users can also select preferred decentralized applications (dApps) and smart contracts, further streamlining their Web3 workflows and enhancing the security of their interactions.

Key capabilities unlocked through this integration include:

  • Transaction signing: Hex Safe users can conveniently sign transactions or messages requested by dApps, ensuring a secure and reliable transaction process.
  • Authentication through signature requests: WalletConnect enables dApps to verify wallet ownership through a single signature request, simplifying the login and verification process for users.

“The integration of WalletConnect with Hex Trust is a significant milestone in the advancement of blockchain technology’s adoption and usability across the digital asset industry,” Hex Trust adds. “By combining our institutional-grade custody services with its seamless connectivity solutions, users can experience a new level of convenience and security in their Web3 interactions.”

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