Decentralised infrastructure company Grass has partnered with digital asset solution provider Hex Trust.

The company selected Hex Trust to support it with its upcoming token generation event (TGE.) A TGE is moment when, for the first time, a token is generated on a blockchain and made available to the public.

The move aims to streamline Grass’ operations and improve its outreach.

Institutional clients will also be able to access, trade, store and stake Grass - all from a secure and insured custody environment.

Grass provides a decentralised infrastructure network of 2 million people that is building what it describes as the “first” open internet to scale web crawl. The company’s goal is to prevent the concentration of AI by “allowing ordinary people to play a part and share in the benefits of its growth”.

A web crawl is an internet bot that is used by search engines like Google and Bing to index web pages.

As it further develops, Grass aims to change the way collection, ownership and utilisation of web data for AI model training is currently implemented.

To achieve this, it is looking to enable node operators to earn passively through a user-friendly desktop app or web extension that collects and indexes data and makes it available for the sale for AI platforms that require specific datasets.

Calvin Shen, managing director at Hex Trust, commented: “Our partnership with Grass is a strategic move to provide an integrated solution that combines custody, staking and prime solutions. This integration allows us to offer a more streamlined and secure experience for our clients, meeting the evolving demands of the digital asset market.”

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