HAYVN, a leading global investment bank specializing in digital assets, has secured a significant boost with a 2.7% stake acquisition by Hilbert Group AB (NASDAQ FN: HILB B). The investment, valued at $1 million, marks a strategic move for both companies. HAYVN, headquartered in Abu Dhabi and renowned for its regulated institutional-grade digital currency platform, will benefit from Hilbert Group’s expertise and support in expanding their asset management offerings. This collaboration sets the stage for a fruitful partnership in product development and distribution of fund products.
The founders and management team of HAYVN bring a wealth of experience from prestigious investment banks such as Bank of America Merrill Lynch and Credit Suisse. Their commitment to transparency and regulatory compliance has earned them a reputation for excellence. HAYVN is actively securing extensive regulatory licenses in Switzerland and the UAE, further solidifying its position as a trusted player in the industry.
Niclas Sandstrom, CEO of Hilbert Group, expressed enthusiasm about the collaboration, emphasizing that this investment goes beyond a mere passive VC-investment. Hilbert Group aims to leverage HAYVN’s product development capabilities while introducing their own fund products to new markets. This move strengthens the partnership between Hilbert Group and Red Acre Ventures, who participated in the Series A funding round and will now join HAYVN’s board.
Christopher Flinos, co-founder and CEO of HAYVN, shared his excitement about the Series A funding round, which will enable the company to enhance its core products and expand beyond OTC trading and custody services. Leveraging the asset management expertise of Hilbert Group, HAYVN plans to offer secure access to digital currency through customized investment products.
HAYVN sets the global standard for institutional digital currency platforms, providing secure OTC trading and custody capabilities with a focus on transparency, security, compliance, and best execution practices. Their mission is to simplify digital currency trading and custody, offering unique opportunities to clients and markets worldwide.
Red Acre Ventures, the private investment arm of the Red Acre Group, played a pivotal role in the Series A funding round. With a broad range of experience in consumer software, fintech, and crypto sectors, Red Acre Ventures supports talented management teams in executing their vision.
For more information about HAYVN, please visit their website at https://hayvnglobal.com/home. To learn more about Red Acre, visit https://redacreventures.com/.
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