Havenex nears Series A close for regulated exchange
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- Havenex is nearing completion of its Series A funding round, according to Sui co-founder Kostas Kryptos.
- The platform has applied for regulatory licences needed for its planned operations.
- Havenex is designed to support digital and traditional assets for financial institutions.
Havenex is nearing the close of its Series A round and has applied for regulatory licences.
The company has not disclosed its fundraising target or the amount raised so far.
Kostas Kryptos, who co-founded Sui, will advise Havenex while remaining focused on Mysten Labs and Sui.
Havenex is designed to let banks and asset managers offer digital and traditional assets through one platform.
The platform plans to use multisig security, quantum-resistant keys and hardware-based two-factor authentication.
Havenex also plans to use Sui technology where suitable and connect infrastructure from other blockchain networks.
The company has not disclosed a launch date or the specific jurisdictions covered by its pending regulatory applications.
