Hex Trust's Dubai structure cleanly separates custody from broker-dealer activity and explicitly documents where client assets sit. The remaining publication-stage issue is reconciling the current HT Markets activity wording across company and regulator sources.
Hex Trust MENA
Hex Trust MENA FZE
Select assessment
Hex Trust's Dubai structure cleanly separates custody from broker-dealer activity and explicitly documents where client assets sit. The remaining publication-stage issue is reconciling the current HT Markets activity wording across company and regulator sources.
What this record means
A concise reading of the structured evidence, written for practical decision-making.
The Hex Trust Dubai service uses separate regulated entities by activity. Hex Trust MENA FZE is the direct custody entity; HT Markets MENA FZE provides broker-dealer services. Customer contracting therefore depends on the service used. · Hex Trust MENA states that it holds client virtual assets directly under its own custody, in segregated independent client custody wallets, and does not maintain client accounts, funds or virtual assets with third parties. HT Markets states its client assets are held in segregated accounts under Hex Trust MENA's custody. · Institutional/QI digital-asset custody through Hex Trust MENA FZE and OTC/cross-border broker-dealer services through affiliate HT Markets MENA FZE. Hex Trust states certain global products such as Aura wealth management, token wrapping and DPT lending/staking are not offered under the Dubai regulated entities.
Retail investors are not eligible. The Dubai structure separates regulated activities across two legal entities: Hex Trust MENA FZE provides Custody Services, while HT Markets MENA FZE separately provides Broker-Dealer Services. Global Hex Trust products should not automatically be attributed to the Dubai regulated entities.
Important evidence or freshness checks are incomplete.
How the assessment is supported
- Primary evidence linked2 official sources are attached.
- Freshness checkChecked 37 days ago.
- Editorial publication gateThis public version passed the system publication requirements.
- Material changes preservedNo material update has been recorded after the baseline.
Primary sourceLinked evidence on vara.ae
Editorial checkReviewed September 22, 2026
Next triggerRoutine evidence refresh
How this record connects
Explore editorially mapped links, inbound connections and clearly labelled context derived from the published record.
Each licence, entity, and customer role
A brand may use several UAE legal entities. Robius records each permission separately and identifies the primary customer-facing licence.
Hex Trust MENA FZE
Licensed
VL/23/08/002
VASP Licence — Custody Services
Select relevance
Virtual Asset Custody Services for Institutional and Qualified Investors.
Direct regulated custodian. Hex Trust states client assets are held directly under Hex Trust MENA custody in segregated independent client wallets.
HT Markets MENA FZE
Licensed
VL/23/08/003
VASP Licence — Broker-Dealer Services
Operates the customer-facing service
Broker-Dealer Services for Institutional and Qualified Investors. Current Hex Trust disclosure language should be reconciled with VARA regarding any additional Management and Investment scope.
Broker-dealer affiliate. HT Markets states client assets are held in segregated accounts under affiliated custodian Hex Trust MENA FZE.
What the record currently shows
verified
The Hex Trust Dubai service uses separate regulated entities by activity. Hex Trust MENA FZE is the direct custody entity; HT Markets MENA FZE provides broker-dealer services. Customer contracting therefore depends on the service used.
Hex Trust MENA states that it holds client virtual assets directly under its own custody, in segregated independent client custody wallets, and does not maintain client accounts, funds or virtual assets with third parties. HT Markets states its client assets are held in segregated accounts under Hex Trust MENA's custody.
Institutional/QI digital-asset custody through Hex Trust MENA FZE and OTC/cross-border broker-dealer services through affiliate HT Markets MENA FZE. Hex Trust states certain global products such as Aura wealth management, token wrapping and DPT lending/staking are not offered under the Dubai regulated entities.
Official information
Every regulatory link is tied to a specific UAE entity and permission. Read the customer relevance before assuming a licence covers your account, funds, or assets.
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How this intelligence evolved
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- Evidence reviewSource checked
The supporting evidence was reviewed.
Robius checked the linked primary source and preserved the current public assessment.
- Public baselinePublished record
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UAE, UNFILTERED