Hex Believe, a regulated institutional-grade crypto-asset custodian, lately introduced it has partnered with The Sandbox, a number one decentralized gaming digital international to permit fully-licensed and highly-secure custody of belongings equivalent to LAND in The Sandbox’s metaverse.
The partnership sees Hex Believe completely combine LAND into its custody platform, Hex Secure, which helps cryptocurrencies, safety tokens, and NFTs. The Sandbox has added Hex Believe as an authorized spouse to its listing record for custody services and products.
“We’re at all times looking out to supply new tactics to safe our group’s virtual belongings and produce peace of thoughts to The Sandbox’s group. After operating with Hex Believe for the previous few months, we’re very excited to officially determine a partnership to additional combine their services and products into the metaverse.”
– Sebastien Borget, COO & Co-Founding father of The Sandbox
This integration allows institutional buyers, manufacturers, and companies to retailer LAND belongings with Hex Believe, as a substitute of getting to retailer those precious digital land belongings in on-line sizzling wallets uncovered to safety and hacking dangers.
But even so offering custody services and products for LAND, Hex Believe supplies services and products to shop for and promote LAND, in addition to financing answers, together with leasing LAND belongings and digital mortgages. Hex Believe entered The Sandbox’s metaverse in 2022 and bought an Property within the ‘Web3 Zone’.
“Hex Believe and The Sandbox had been operating intently in combination over the previous couple of months following the release of our NFT custody services and products again in early 2020. It’s nice to solidify our dating with an authorized partnership, proceeding to give you the best-in-class custody services and products for belongings within the metaverse to satisfy expanding institutional call for. As web3 continues to develop, extra manufacturers and buyers will want highly-secure answers equipped via custodians to retailer their belongings with peace of thoughts in a fully-compliant way.”
– Alessio Quaglini, CEO & Co-Founding father of Hex Believe
SAND is The Sandbox application token, SAND is used to shop for LAND, ASSETS, or to spend money on staking swimming pools.