Cryptocurrency trading platform HAYVN closes Series A round
- Abu Dhabi-based digital currency trading platform HAYVN has closed its Series A funding round for an undisclosed amount, led by Red Acre Ventures and Hilbert Group. As part of the transaction, Red Acre Ventures has joined HAYVN’s board of directors.
- Founded in 2018 by Christopher Flinos and Ahmed Ismail, HAYVN is an institutional digital currency platform that provides secure OTC trading and custody capabilities, enabling customers to trade digital currencies.
- The new funding will be used for strategic hires within the organisation.
Press release:
The UAE is poised to be a global hub for the emerging asset class that is a digital currency and a flurry of activity in this ecosystem has seen the sector grow rapidly.
HAYVN, a global institutional digital currencies platform based in Abu Dhabi have clear goals of their own, and today announced that it has closed its Series A funding round led by Red Acre Ventures and Hilbert Group.
As part of the transaction, Red Acre Ventures has joined the HAYVN Board of Directors. With a strong technology background, Red Acre Ventures will allow HAYVN to deliver enhanced technology solutions for its product offerings.
“We are building HAYVN into the largest institutional digital currency platform globally and we are continuing to strive to be just that, the closing of our Series A funding is another milestone in our journey,” says Christopher Flinos, co-founder and Chief Executive Officer at HAYVN.
“With the closing of our Series A funding, we…
