Blockchain News

Philippines’ UnionBank Leans to Hex Trust as Digital Asset Custodian

Hex Trust is a leading Hong Kong-based digital asset custodian. UnionBank, one of the Philippines’ leading banks by total assets](https://www.unionbankph.com/), partners with Hex Trust to offer digital asset custody services to its employees.

The partnership aims to test a digital asset custody service for UnionBank, which will help prepare the groundwork for a secure and protected system for customers’ digital assets. This move is timely, given the growing interest in digital banking in the Philippines.

As a major Hong Kong-based custodian for digital assets](https://hextrust.com/), Hex Trust has a good record of working with leading banks internationally. UnionBank’s decision to partner with Hex Trust will enhance customers’ banking experience and make them feel secure with their digital dealings.

This partnership is a significant step forward for UnionBank, which will likely change the entire banking system in the Philippines.

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