Haven1 Secures $4.6m in Private Round, Backed by Industry Giants

Port1the primary EVM multi-app blockchain, has efficiently raised $4.6 million in a non-public funding spherical with investments from Animoca manufacturers, KuCoin Ventures, Taisu Enterprises, Kronos analysis, IBC group, amongst others. The funding spherical additionally acquired assist from main angel traders Uniswap, SNACK CLUB, And Nansenand way more, supporting Haven1’s mission because the premier chain for DeFi 2.0 and tokenized RWAs, whereas fixing a few of the business’s largest issues by redefining the inefficiencies in as we speak’s blockchain infrastructure.

As a licensed but decentralized chain, Haven1 has secured the assist of 9 of the world’s largest and most acknowledged manufacturers, together with AWS, Animoca manufacturers, Block daemon, Republic of CryptoAnd Sygnum financial institution– with extra to be introduced quickly – all dedicated to supporting the expansion of the community. Because of this, Haven1 is poised to handle the inefficiencies of as we speak’s Layer 1 blockchains whereas delivering an unparalleled degree of network-level safety, person expertise, and worth redistribution by means of the revolutionary REKT-resistant hApp Retailer.

“Haven1 is extra than simply safe: it’s the first blockchain to create the perfect surroundings for DeFi 2.0, the place liquidity, effectivity, safety and user-centric worth and safety come collectively seamlessly,” mentioned Jeff Owens, co-founder of Haven1. “This funding will allow us to speed up our roadmap and neighborhood and convey the multi-app chain imaginative and prescient to life in early 2025.”

Pioneering a brand new period for Layer 1 Blockchains

As a multi-app chain, Haven1’s safe App Retailer (or hApp Retailer) is rigorously designed to consolidate liquidity by way of network-owned Web3 protocols, together with the DEX, Credit Market, Perpetuals and NFT Market, as well as a rising ecosystem of third-party app chains. hApps developed by events create a seamless and environment friendly ecosystem. This revolutionary mannequin channels income from essentially the most worthwhile hApps straight again into the ecosystem, addressing the inefficiencies that burden conventional Layer 1 programs. By bettering liquidity effectivity and decreasing transaction friction, Haven1 ensures that each one worth generated flows again into the community and rewards $H1 token stakers, driving long-term progress and utility.

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With greater than fifty ecosystem builders and companions actively constructing on Haven1, the undertaking is barely starting to display its transformative potential. Through the present public testnet section, the platform already has greater than 100,000 customers on board 475,000 customers and processed 9 million transactionscementing its place as a retail-friendly enterprise-grade blockchain designed to steer the subsequent wave of Web3 adoption.

Cass Cai, head of KuCoin Ventures added, “Haven1’s method to constructing a safe and multi-functional blockchain ecosystem, designed for the wants of DeFi 2.0 and tokenized RWAs, is strictly what the business wants. Their skill to mix innovation with a robust give attention to person safety positions them as a frontrunner within the subsequent wave of blockchain adoption.”

Redefining Web3 Worth

Haven1 goes past safety with improvements resembling onchain 2FA, twin good contract audits and the hPassport (Proof-of-Id), making it superb for DeFi 2.0 and tokenized RWAs by guaranteeing safe and environment friendly interactions for customers. The chain’s ecosystem-first design implies that each transaction and utility interplay feeds straight again into supporting the community and advantages $H1 token holders.

Vincent Liu, Chief Working Officer of Kronos Analysiscommented, “Haven1’s skill to seamlessly merge safety, effectivity, and aligned incentives makes it a game-changer within the Layer 1 house, particularly for DeFi and tokenized RWAs, permitting individuals to get into this house for the long run take part and obtain sustainable progress. As a market maker and investor, Kronos Analysis is worked up to assist Haven1’s mission to construct a safer, smarter blockchain – one which aligns with our imaginative and prescient to create a extra cohesive and clear crypto house for all customers.”

The trail ahead

With this funding, Haven1 goals to speed up the event of its multi-app chain, broaden partnerships and convey its revolutionary options to a wider viewers. By fixing key inefficiencies and mixing them with its ‘REKT-resistant’ framework, Haven1 is positioning itself to steer the evolution of Layer 1 blockchains, making DeFi extra accessible, environment friendly and rewarding for everybody.

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About Haven1

Haven1 is the main EVM L1 multi-app chain, purpose-built to revolutionize DeFi 2.0 and tokenized RWAs. As a safe, gasless, and permissioned but decentralized blockchain, Haven1 addresses the inefficiencies of conventional blockchain infrastructure by consolidating liquidity, decreasing transaction friction, and channeling worth again to its ecosystem and $H1 token holders by means of its community protocols, together with a DEX, credit score market, perpetuals and NFT market.

Haven1’s hApp Retailer supplies builders with a safe surroundings to launch network-compatible on-chain purposes whereas enabling seamless adoption by each residential and institutional customers. Backed by main traders resembling Animoca Manufacturers, KuCoin Ventures, Taisu, Kronos and IBC Group, and supported by main validator companions together with Animoca Manufacturers, Sygnum Financial institution, AWS, Blockdaemon and Republic Crypto, Haven1 delivers unparalleled effectivity, scalability, belief and usefulness.

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For extra info, go to http://www.haven1.org

Disclaimer: The data on this press launch isn’t an invite to take a position neither is it meant as funding recommendation, monetary recommendation or buying and selling recommendation. It’s extremely really useful that you simply apply due diligence, together with session with an expert monetary advisor, earlier than investing or buying and selling in cryptocurrency and securities.