The Sandbox groups with Hex Belief for licensed, safe custody of its digital property » CryptoNinjas

Hex Belief, a regulated institutional-grade crypto-asset custodian, at present introduced it has partnered with The Sandbox, a number one decentralized gaming digital world to allow fully-licensed and highly-secure custody of property comparable to LAND in The Sandbox’s metaverse.

The partnership sees Hex Belief totally combine LAND into its custody platform, Hex Protected, which supports cryptocurrencies, safety tokens, and NFTs. The Sandbox has added Hex Belief as a licensed accomplice to its listing record for custody companies.

“We’re all the time looking out to supply new methods to safe our group’s digital property and produce peace of thoughts to The Sandbox’s group. After working with Hex Belief for the previous few months, we’re very excited to formally set up a partnership to additional combine their companies into the metaverse.” 
– Sebastien Borget, COO & Co-Founder of The Sandbox

This integration allows institutional buyers, manufacturers, and companies to retailer LAND property with Hex Belief, as a substitute of getting to retailer these useful digital land property in on-line scorching wallets uncovered to safety and hacking dangers.

In addition to offering custody companies for LAND, Hex Belief gives companies to purchase and promote LAND, in addition to financing options, together with leasing LAND property and digital mortgages. Hex Belief entered The Sandbox’s metaverse in 2022 and bought an Property within the ‘Web3 Zone’.

“Hex Belief and The Sandbox have been working intently collectively over the previous couple of months following the launch of our NFT custody companies again in early 2020. It’s nice to solidify our relationship with a licensed partnership, persevering with to supply the best-in-class custody companies for property within the metaverse to fulfill growing institutional demand. As web3 continues to develop, extra manufacturers and buyers will want highly-secure options offered by custodians to retailer their property with peace of thoughts in a fully-compliant method.”
– Alessio Quaglini, CEO & Co-Founder of Hex Trust 

SAND is The Sandbox utility token, SAND is used to purchase LAND, ASSETS, or to put money into staking swimming pools.