Hong Kong-based digital asset custodian Hex Trust has signed a memorandum of understanding with a South Korean AI investing solutions provider.
Hex Trust has signed a memorandum of understanding with Qraft Technologies, according to a statement. The two will enter a strategic partnership with Qraft Technologies developing digital assets products based on its AI-driven asset allocation models for Hex Trust's clients.
«Since 2016, Qraft has built a multi-year track record including the development and management of several ETFs. The enhanced risk management solutions specifically designed for Hex Trust are built upon Qraft’s successful cash allocation AI-powered risk model,» the statement added.
Qraft Technologies is a South Korean firm that provides AI-powered investment solutions in areas like security selection, asset allocation, robe-advisory and order execution. Hex Trust is a fully licensed and insured digital asset custodian based in Hong Kong. It also has offices in Singapore, Vietnam, Dubai, Italy and The Bahamas.