Qraft Technologies and Hex Trust Forge AI-Driven Partnership to Revolutionize Digital Asset Investment Landscape
Qraft Technologies, a fintech firm aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing, has announced a strategic alliance with Hex Trust, a fully-licensed and insured digital asset custodian led by veteran banking technologists and award-winning financial services experts. This partnership, solidified by the signing of a Memorandum of Understanding («MoU»), will see Qraft developing digital asset products rooted in its AI-driven asset allocation models, tailored specifically for Hex Trust's clientele.
Francis Oh, the APAC CEO of Qraft Technologies, expressed his enthusiasm about the collaboration, stating, «This strategic collaboration represents a significant step forward in our mission to empower investors with AI-driven tools, helping them navigate the complex financial markets more efficiently and effectively.»
Qraft's journey began in 2016, and over the years, it has established a commendable track record, including the development and management of multiple ETFs. Their advanced AI solutions have been embraced by over 20 global financial institutions. In a notable event in 2022, Qraft secured a substantial investment of US$146 million from the SoftBank Group, marking a strategic alliance to further the role of AI in asset management.
The risk management solutions, now being designed for Hex Trust, leverage Qraft’s cash allocation AI-powered risk model. This AI technology by Qraft aims to bridge the gap between conventional asset management and digital asset management. The objective is clear: to equip cryptocurrency investors with the tools to make informed decisions, optimizing their portfolios in a dynamic financial environment.
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