Havenex seeks Austrian approval as Series A nears close

Havenex, an Austrian company advised by Sui co-founder Kostas “Kryptos” Chalkias, said on Aug. 26 that its Series A financing round was nearing completion as it pursued regulatory authorization. Summary Havenex says its Series A is nearing completion, although funding size and investors remain undisclosed. Havenex is seeking Austrian FMA authorization and cannot provide regulated services before formally receiving approval. The platform targets professional institutions offering digital and traditional assets through white-label financial infrastructure services. Kostas Chalkias advises Havenex and serves on its supervisory board while remaining with Mysten Labs. Havenex proposes continuous solvency proofs, multisignature custody and quantum-resistant keys, but these remain unverified publicly. Chalkias announced the project through an X post. He described Havenex as infrastructure for financial institutions offering digital and traditional financial assets. The company has not disclosed the round’s size, participating investors, valuation or expected closing date. Havenex awaits Austrian regulatory authorization Havenex’s website says the platform is undergoing authorization with ...