Animoca Brands has partnered with Hex Trust to launch Gryfyn, a multi-chain custodial wallet focused on NFTs and player onboarding.
Animoca Brands’ COO Arnoldo Concepción has also been appointed as Gryfyn’s CEO.
Hex Trust provides industry-grade custody for digital assets, and the company is licensed across Dubai, Hong Kong, Singapore, and Italy. With the Gryfyn joint venture, Animoca Brands and Hex Trust hope to provide a custodial wallet that makes Web3 easy for users while maintaining top-notch security, which includes KYC verification.
“We are thrilled about launching Gryfyn globally; it represents another milestone towards fulfilling our mission to unlock ownership in decentralized markets while providing unparalleled security measures,” said Hex Trust’s CEO Alessio Quaglini.
He added, “Gryfyn will become even more important given the increasing number of partnerships we have coming up over the next few months.”
Gryfyn is built on Hex Trust’s insured and licensed bank-grade infrastructure, offering users a seamless, secure experience, and supports Ethereum, Polygon and BNB.
Recently, Gryfyn completed a $7.5 million fundraise, which was backed by GameFi Ventures, Animoca Ventures, Liberty City Ventures, Lavender Hill Capital Partners, Mind Fund, Angel Hub, Brinc, LeadBlock Partners and Gabby Dizon (YGG).
“Gryfyn is a major part of our efforts to bring mass adoption closer by providing high-quality user experiences on top-tier products in the open metaverse, where true digital ownership is finally possible,” commented Animoca chairman Yat Siu.
“It’s also important because we want our users’ data to be protected at all times – something that only a specialized service like Gryfyn can provide.”
You can find out more about Gryfyn and create a new wallet at the website.