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Deus X Capital Acquires HAYVN: Crypto Market Maneuver

Deus X Capital has unveiled a mutual agreement with HAYVN shareholders to acquire the esteemed firm's brand
February 29, 2024

Enter the realm of crypto investment as Deus X Capital, backed by family offices, embarks on a significant acquisition journey. In a groundbreaking announcement, Deus X Capital unveils its agreement to acquire HAYVN, a renowned institutional digital assets firm, in a deal shrouded in anticipation.

With mutual agreement sealed between Deus X Capital and HAYVN shareholders, the acquisition encompasses the entirety of HAYVN's assets—from brand to technology, clients, and staff. Set to finalize before March 28, 2024, this acquisition marks a pivotal moment in the evolution of both entities.

HAYVN, an Abu Dhabi-based crypto trading firm, stands as a beacon in the world of over-the-counter (OTC) trading and custody solutions for digital currencies. As whispers of its Series B funding and eventual IPO echoed through 2022, HAYVN captivated the attention of investors and industry insiders alike, as reported by Reuters.

For Deus X Capital, this acquisition represents more than just a business transaction—it's a strategic move to fortify its presence in the dynamic landscape of the Middle East. With eyes set on expansion, Deus X Capital seeks to leverage HAYVN's expertise and resources to navigate the burgeoning crypto market in the region.

As the curtains rise on this new chapter, Richard Crook assumes the role of CEO at HAYVN, steering the company towards unprecedented growth and innovation. With a rich background in digital assets payments and a proven track record in investment banking, Crook brings a wealth of experience to his new role.

Tim Grant, CEO of Deus X Capital, reaffirms the company's unwavering commitment to institutional clients in the digital assets space. With HAYVN at the forefront of its strategy, Deus X Capital pledges to empower clients to capitalize on the myriad opportunities within the crypto market, while fostering innovation and growth.

Against the backdrop of Abu Dhabi's emergence as a global financial hub, crypto executives are increasingly drawn to the region's allure. Spearheaded by hedge fund magnate Alan Howard, Abu Dhabi beckons as the next frontier for crypto innovation, offering a strategic time zone advantage for macro money managers, as highlighted by Bloomberg's Nishant Kumar.

As Deus X Capital's acquisition of HAYVN unfolds, the crypto market witnesses a seismic shift in the landscape of institutional digital asset management. With bold visions and strategic maneuvers, Deus X Capital charts a course towards unlocking new opportunities in the ever-evolving world of crypto investment.

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