Animoca Brands Corporation Ltd and Hex Trust, an international institutional-grade digital asset custodian, have announced the public launch of Gryfyn.
Hex Trust provides its fully licensed bank-grade security and custody infrastructure to connect seamlessly to the rapidly expanding Web3 ecosystem, and is licensed across financial hubs including Hong Kong, Singapore, Dubai and Italy.
Custodial crypto wallet
Gryfyn is a joint venture between Animoca Brands and Hex Trust to provide a custodial crypto wallet that allows anyone anywhere to access digital experiences, own and handle digital assets, and connect with their favourite brands.
The wallet is an NFT-centric multi-chain wallet with bank-grade security that enables users to interact easily and securely across multiple blockchains and Web3 products.
It offers a secure, reliable and stress-free way of storing, interacting with and acquiring digital assets. People around the world use Gryfyn as a digital passport to engage with events, entertainment and each other.
Gryfyn offers users a seamless and secure Web3 experience built on Hex Trust’s licensed and insured institutional-grade infrastructure.
US$7.5 million capital raise
Gryfyn has completed a fundraising of US$7.5 million from backers that include Liberty City Ventures, GameFi Ventures, Lavender Hill Capital Partners, Mind Fund, Animoca Ventures, LeadBlock Partners, Angel Hub, Brinc, as well as angel investors including Gabby Dizon.
Animoca Brands co-chief operating officer Arnoldo Concepción has been announced as the CEO of Gryfyn.
Following a successful soft launch at Hong Kong Fintech Week in November 2022, Gryfyn has signed on global partners and will be rolling out new features and activation events throughout 2023.
Gryfyn CEO Arnoldo Concepción said: “We want to connect people to new experiences. Gryfyn is a digital passport that connects anyone anywhere with their favourite experiences, whether it's in games, sports, music, education, transportation or anything else. We’re really excited to onboard the mass market to great and secure Web3 experiences.”
Animoca executive chairman and co-founder Yat Siu highlighted the importance of Gryfyn in the mission to bring digital property rights to a wider audience.
"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,” he said.
“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.”