Tokenized securities issuer Finhaven seeded with $1.3 mln
Finhaven Technology Inc, a Vancouver blockchain-powered investment banking platform, has raised $1.3 million (US$1 million) in seed-stage financing. Medici Investment, a South Korean venture capital and private equity firm, was the investor. Finhaven also formally announced the launch of an equity and debt issuance platform utilizing the Ethereum blockchain for the creation of tokenized securities. It uses coding and smart contracts to ensure the legal creation, sale and resale of these securities. Finhaven earlier in 2018 struck a deal with TIMIA Capital Corp to create a TIMIA cryptocurrency-based financing platform.
20 March 2018•4 mins read
