Hex Trust, a digital asset financial institution specialising in custody, staking, and markets services, has appointed Rohit Apte as its new Head of Markets.

In this role, Apte will oversee the growth and development of Hex Trust’s Markets division, with a focus on supporting institutional clients and broadening the firm’s execution capabilities.

Apte will be responsible for leading the company’s Markets and OTC operations, which cater to institutional clients managing complex digital asset strategies.

These include large transaction flows, structured products, and treasury solutions.

Hex Trust provides access to multiple trading venues, 24/7 client support, and direct connectivity to global exchanges and market participants, all within a regulated framework.

Apte began his career in New York as a USD interest rate trader before moving to Hong Kong in 2008, where he helped establish HSBC’s APAC USD Rates business.

Under his leadership, the division achieved over US$100 million in annual revenue.

In 2021, he founded Coinalytix, a SaaS platform focused on crypto analytics and risk management for institutional users.

He subsequently joined Matrixport as Head of Trading, where he led the OTC desk and proprietary trading activities, increasing OTC volumes by a factor of ten.

With a background in technology, Apte has developed trading and risk systems and is proficient in programming languages including Python and C++.

Rohit Apte
Rohit Apte

“Hex Trust is one of the few players combining licensed, institutional-grade infrastructure with deep expertise across custody, staking, and markets,”

said Apte.

“I’m excited to join at a time when institutional demand for sophisticated digital asset execution is growing rapidly. I look forward to building on Hex Trust’s strong foundation to scale our markets and OTC offering and unlock new opportunities for clients.”

 

 

Featured image credit: Edited by Fintech News Hong Kong, based on image by mrsiraphol via Freepik