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HAYVN obtains regulatory approval for Abu Dhabi Global Market (ADGM)

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HAYVN, a global institutional virtual asset platform, announced today that they have obtained a financial services license (FSP) from Abu Dhabi Global Markets (ADGM).

As a leading regulated over-the-counter trading and custody platform, HAYVN is now authorized to arrange investment transactions and provide custody for accepted virtual assets.

ADGM is one of the world’s leading regulatory jurisdictions for virtual assets. The FSP will further strengthen HAYVN’s position as the leader of institutional virtual assets in Abu Dhabi’s global market.

Christopher Flinos, co-founder and CEO of HAYVN, said: “ADGM regulatory approval has further deepened our impressive regulatory system. We are a regulatory-led company operating in a low-trust industry. As virtual assets change More and more institutionalized, our regulatory framework provides an ideal platform for buying, selling and obtaining custody of virtual assets.”

“This FSP not only allows us to attract institutional capital to virtual assets, but also allows HAYVN to obtain more financing opportunities, allowing us to obtain funds to further expand our business,” Christopher Flinos said.

The HAYVN platform is built on unprecedented transparency, regulatory compliance and security infrastructure, with leading OTC trading desks and regulated custodial services, enabling their customers to easily and easily buy, sell and host large amounts of accepted Virtual assets. Safely. HAYVN will start customer onboarding soon, and then start doing business in ADGM after obtaining permission from FSRA.

Rensche Olivier, HAYVN’s supervisory director, said that the most important factor in the field of virtual assets is to build trust. “We operate in an industry that lacks trust and regulation, and HAYVN is here to differentiate ourselves. As a regulated company within ADGM, it helps to build trust levels, which are established in the new cryptocurrency market Required for faith.”

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