UAE: HAYVN, the global institutional digital currency platform, announced today that it has successfully received approval from the Swiss Financial Market Supervisory Authority FINMA to join an SRO.
This FINMA authorization enables HAYVN to qualify as a financial intermediary and to offer financial services related to cryptocurrencies. Consequently, HAYVN will now offer its clients wealth management, trading and custody services from its Swiss office.
Christopher Flinos, Chief Executive Officer at HAYVN, said: “Regulation and compliance is at the core of who we are at HAYVN. We have successfully obtained regulation from CIMA in the Cayman Islands and FSRA in Abu Dhabi Global Market (ADGM) and have now received FINMA approval. This global regulatory stack is the rock on which our business is built.”
“We are very pleased about the approval from FINMA. HAYVN has always kept regulation and compliance at the forefront of what we do. We recognize the importance of building trust in our industry and will continue to be a regulations-led company that ensures transparency, security, convenience and opportunity for our customers,” said Rensche Olivier, Director of Regulatory Affairs at HAYVN.
Christopher Flinos added: “Our Swiss company will now be the home of HAYVN Asset Management, which offers clients around the world a dedicated focus on long-term performance in the digital asset ecosystem. We believe that a complex and rapidly changing world requires a new approach to portfolio construction that delivers resilient portfolios. We are thrilled to have received our FINMA accreditation and look forward to further building HAYVN into the world’s leading investment bank for digital assets.”
About HAYVN
HAYVN is a financial institution focused on digital assets, providing payments, trading, custody, wealth management and research to our global client base. Regulated by ADGM, FINMA and CIMA, HAYVN is one of the world’s leading institutional cryptocurrency providers, providing high net worth individuals, small and medium-sized businesses, corporations and institutions with a comprehensive range of trading, payments, custody, wealth management and research products and services. To learn more about HAYVN, please visit us at www.hayvnglobal.com
For more information, please contact: [email protected]
About FINMA
FINMA is the independent financial market supervisory authority in Switzerland. Its mandate is the supervision of banks, insurance companies, financial institutions, collective investment schemes and their asset managers and fund management companies. It also regulates insurance intermediaries. It is responsible for protecting creditors, investors and policyholders. FINMA is responsible for ensuring that the financial markets in Switzerland work. You can find out more about FINMA at www.finma.ch/de/
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