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Deus X Capital Set to Acquire HAYVN

HAYVN, known for its over-the-counter (OTC) and custody platform for digital currencies, has been seeking investors for a Series B funding round with intentions to eventually go public.

By Inc.Arabia Staff
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Deus X Capital, a crypto investment firm backed by family offices, has inked a deal to acquire HAYVN, an institutional digital asset firm, for an undisclosed sum.[1]

The agreement, reached with HAYVN shareholders, encompasses the acquisition of the brand, technology, clients, and personnel of the Abu Dhabi-based crypto trading firm. The parties aim to finalize the deal before March 28th.

HAYVN, known for its over-the-counter (OTC) and custody platform for digital currencies, had been seeking investors for a Series B funding round with intentions to eventually go public.

Following the unexpected resignation of HAYVN CEO Christopher Flinos in December, Richard Crook has stepped in as the new CEO, tasked with driving the company's expansion.

Crook has previously served as COO at BCB Group, a digital asset payments firm, and in senior management positions at financial institutions, including investment bank RBS and Swiss investment bank UBS.

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