HAYVN receives approval from the Swiss Financial Market Supervisory Authority, FINMA
UAE: HAYVN, the global institutional digital currency platform, announced today that it has successfully received approval from the Federal Financial Market Supervisory Authority, FINMA, to join an SRO.
This FINMA approval allows HAYVN to qualify as a financial intermediary and is authorized to offer financial services in relation to crypto-currencies. Therefore, HAYVN will now offer its clients Asset Management, Trading and Custody services from its Swiss entity.
Christopher Flinos, Managing Director of HAYVN, said: “Regulations and compliance are at the heart of who we are at HAYVN. We have successfully obtained regulation through CIMA in the Cayman Islands, 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 delighted to have received our approval from FINMA. HAYVN has always put regulation and compliance at the forefront of what we do. We understand the importance of building trust within our industry and we will continue to be a regulatory driven company, ensuring transparency, safety, convenience and opportunity for our customers. said Rensche Olivier, Director of Regulatory Affairs at HAYVN.
Christopher Flinos added: “Our Swiss entity will now host HAYVN Asset Management, offering clients around the world a particular focus on long-term performance in the digital asset ecosystem. We believe that a complex and rapidly changing world demands a new approach to portfolio construction, one that delivers portfolios designed to be resilient. We are delighted to have received our FINMA approval and look forward to continuing to build HAYVN as the world’s leading digital asset investment bank.
HAYVN is a digital asset-focused financial institution that provides payments, transactions, custody, asset management and research to our global customer base. Regulated by ADGM, FINMA and CIMA, HAYVN is one of the world leaders in institutional cryptocurrency, serving high net worth individuals, small and medium businesses, corporations and institutions with a full range of transactions , payments, custody, asset management and research. products and services. To learn more about HAYVN, visit us at www.hayvnglobal.com
For more information, contact: [email protected]
FINMA is the independent financial market regulator in Switzerland. Its mandate is to supervise banks, insurance companies, financial institutions, collective investment schemes, as well as 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 the proper functioning of the Swiss financial markets. To find out more about FINMA, go to www.finma.ch/fr/