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Finhaven announces a CBDC infrastructure research collaboration with [email protected] and a strategic partnership with Simetria at the LA Blockchain Summit

by CBDC Insider
November 4, 2022
in Business
Reading Time: 2min read
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Finhaven announces a CBDC infrastructure research collaboration with Blockchain@UBC and a strategic partnership with Simetria at the LA Blockchain Summit

Finhaven provides reliable, global capital to growth companies. (PRNewsfoto/Finhaven Technology Inc.)

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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 [email protected], a Vancouver based, multidisciplinary research cluster focusing on blockchain technology, and Simetria Trading Solutions Ltd™ (Simetria), an Israeli-based leading provider of liquidity for private tech companies powered by digital assistance technology.

On November 1st, at the blockchain technology and investment conference Finhaven announced a partnership with [email protected] 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 variety of expertises, such as banking & finance, laws & regulations, monetary policy, project management, design, products, and software development.

Finhaven intends to work with international organizations, central banks, securities regulators, and financial institutions as well. Finhaven will not be the central organization of this development, but will be the cornerstone to build the ecosystem at the beginning of the project. The collaboration between [email protected] 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 3rd, 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 provide their issuer and investor clients with better and wider access to new opportunities. Both parties are each in the business of building technology solutions on blockchain for capital markets.

read more at yahoofinance.com
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