Finhaven Announces a CBDC Infrastructure Research Collaboration with Blockchain@UBC and a Strategic Partnership with Simetria at the LA Blockchain Summit

Finhaven

Finhaven

VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) — Finhaven™ Technology Inc. announced two key strategic partnerships at the LA Blockchain Summit, in Los Angeles, California, USA. The company’s latest strategic alliances are with Blockchain@UBC, a Vancouver-based interdisciplinary research cluster focused on blockchain technology, and Simetria Trading Solutions Ltd™ (Simetria), an Israel-based leading provider of liquidity to private technology companies powered by digital assistance technology.

November 1 at the Blockchain Technology and Investment Conference Finhaven announced a partnership with Blockchain@UBC to build Finhaven™ chain — a public blockchain for central banks and regulated entities.

Finhaven’s vision is to build a CBDC infrastructure with the global blockchain community. Finhaven Chain will leverage open source efforts with people who have a range of expertise, such as banking and finance, laws and regulations, monetary policy, project management, design, products and software development.

Finhaven intends to cooperate with international organisations, central banks, securities regulators and financial institutions. Finhaven will not be the central organization of this development, but will be the cornerstone for building the ecosystem at the start of the project. The collaboration between Blockchain@UBC and Finhaven is the first step towards a globally viable ecosystem. The Finhaven chain, a CBDC infrastructure, is envisioned to be a public blockchain in which sovereign jurisdictions and their regulated entities can participate.

On November 3, Simetria and Finhaven™ Technology Inc., owner of Finhaven™ Private Markets, announced a strategic partnership at the LA Blockchain Summit, in Los Angeles, California, USA. The conference was organized by Draper Goren Holm, the companies entered into a memorandum of understanding for a liquidity partnership to give their issuer and investor clients better and wider access to new opportunities. Both parties are each building technology solutions on blockchain for capital markets.

“Finhaven Private Markets is building a network of global institutional liquidity to realize its vision of global capital market integration. We are taking one step further with this strategic partnership with Simetria. I was pleased that Ziv and I were able to understand each other quickly and that we had a great result at the LA Blockchain Summit. It has been a great conference to pitch Finhaven and contribute to a panel discussion. It was a very good mix of people from great companies to investors. We appreciate the opportunity Draper Goren Holm provides,” said DH Kim, CEO of Finhaven.

Ziv Keinan, CEO of Simetria said: “We are delighted to be working with leading industry innovator Finhaven to bring efficiency and to the secondary market for growth companies. Simetria will use the Finhaven network of global institutional liquidity to drive the revolution of the secondary market so that growth companies can offer their teams early liquidity opportunities.

About Finhaven
Finhaven simplifies and improves business transactions using blockchain technology. Finhaven built the Finhaven™ investment platform in its distributed network. Finhaven Technology, Inc., Finhaven Capital, Inc. (operator of Finhaven Private Markets), Finhaven Gateway, Inc. and Finhaven Asia, Inc. are the Finhaven companies. Finhaven Technology Inc. is on the way to white label its investment platform as Platform-as-a-Service and to release a proprietary NFT triggering solution.

Press contact:
[email protected]

About Simetria
Simetria is a digital solutions provider focusing on private Israeli technology companies before the IPO. The revolutionary marketplace uses digital securities technology based on blockchain for this enterprise. Simetria received a preliminary ruling from the Israel Securities Authority allowing it to launch for the first time as a digital securities trading platform. Simetria allows Israeli companies to list shares on its platform which will then be offered to accredited investors.

Simetria is the first company in Israel prepared to launch a DLT-based digital securities exchange that transforms the end-to-end lifecycle of a private security for both primary issuance and secondary market trading. The exchange will first launch within the Israeli startup ecosystem, with an international launch to follow. Simetria’s goal is to become Israel’s future trade infrastructure.

Press contact:
Ziv Keinan
Simetria Trading Solutions Ltd
[email protected]

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