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Animoca brands and Hex Trust Reveal The Public Launch of Gryfyn and New $7.5 Million Raise

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Animoca Brands and Hex Trust reveal the public launch of Gryfyn and new $7.5 million raise. 

Hext Trust is an institutional-grade digital asset custodian licensed across financial hubs including Hong Kong, Singapore, Dubai, and Italy. Gryfyn is described as a joint venture to provide an innovative custodial wallet solution focused on onboarding users to web3. 

Gryfyn also revealed it completed a fundraising round of $7.5 million from backers that include Liberty City Ventures, GameFi Ventures, Lavender Hill Capital Partners, Mind Fund, Animoca Ventures, LeadBlock Partners, Angel Hub, Brinc, as well as angel investors including Gabby Dizon. 

Arnoldo Concepción, the co-COO of Animoca Brands, has been appointed as the CEO of Gryfyn. Yat Siu is the executive chairman and co-founder of Animoca Brands.

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