# Synnax

*AI-powered credit intelligence*

**Authors:** [Vadim Zolotokrylin](https://holdex.io/c/people/vadim-zolotokrylin)

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## About Synnax

Since institutions began tapping into the DeFi market,
a new digital credit market has emerged.
Institutions borrowing from these markets often need more transparency,
making it hard for lenders to assess them.
The market severely needs a credit rating standard,
increasing the overhead for institutions
and Applications requiring this information.

Synnax provides a solution for transparent,
data-driven credit intelligence powered by AI.

The Holdex team was not just a choice but a strategic partner.
We were chosen to spearhead the design and product development launch
for Synnax, effectively becoming an extension of their in-house team.
We have fostered a close-knit relationship with stakeholders
that ensures we are always on the same page,
working towards our mission and delivering new product updates.

## Links

- Press:
  [Hex Trust partners with Synnax to transform counterparty risk assessment](https://www.hextrust.com/resources-collection/hex-trust-partners-with-synnax-to-transform-counterparty-risk-assessment)

_As of July 2026, Synnax's public sites are offline; the work is documented in
Hex Trust's partnership announcement above._