Havenex in licensing process with FMA as heavily oversubscribed Series A nears close

A Vienna-based startup called Havenex AG is making a play to become the regulated bridge between traditional finance and digital assets, targeting European banks and fintechs with a white-label trading and custody platform. The company’s Series A round is reportedly heavily oversubscribed, and it’s already deep into the licensing process with Austria’s Financial Market Authority (FMA). The public announcement came on August 26, co-delivered by co-founder Kostas Chalkias of Mysten Labs fame. What Havenex is actually building At its core, Havenex is a plug-and-play platform designed so that banks and fintech companies can offer digital asset services without building the underlying infrastructure themselves. The platform includes several features specifically designed to appeal to risk-averse institutional buyers. Multi-chain support means it can handle assets across different blockchain networks. Verifiable custody provides cryptographic proof that client assets are actually where the platform says they are. Continuous solvency proofs go a step further, offering ongoing, real-time evidence that the platform holds sufficient reserves. Havenex has built in multi-signature authorizatio...