UAE-based cryptocurrency platform and custodian HAYVN has partnered with Curv, a blockchain startup which provides security infrastructure for digital assets. Curv is headquartered in New York. The two year old startup will leverage the collaboration to promote its multi-party computation (MPC) security technology in the Emirates and beyond.
Curv products are already used by both traditional investment companies that seek to expand into the digital asset space, as well as crypto-native institutions such as eToro and Genesis. Customers across the globe leverages Curv’s infrastructure to transfer, store and manage digital asset on any blockchain.
“Curv offers a reliable hot and cold wallet deployment, and keyless security infrastructure backed by a world-class team of cryptographers and cybersecurity experts. We conducted an extensive global search within our industry looking for a partner like Curv. Security is the essence of HAYVN. Our clients are trusting us to hold and keep their financial assets safe. The security of the HAYVN ecosystem must therefore be second to none,” said Christopher Flinos, Co-Founder at HAYVN.
This should benefit HAYVN which offers clients a compliant platform to buy, sell and offer custody services for digital currencies. The firm is one of a few crypto applicants who has secured in principle approval from the ADGM ( Abu Dhabi Global Market) to operate as a crypto asset OTC and custodian. HAYVN’s products mainly cater to family offices, hedge funds, asset managers and UHNWIs. In 2019 Hayvn raised 5 million USD in capital.
“HAYVN is a respected, valuable partner that we are excited to work with. We are also proud to be the first Israeli technology firm to ink a partnership with a digital asset firm in the UAE and believe that this is the first of many such announcements to come,” added Itay Malinger, Co-founder and CEO at Curv.