Haven1, the first EVM multi-app blockchain, has successfully raised $4.6 million in a private funding round, attracting investments from major players in the cryptocurrency and blockchain industry. The funding round saw participation from notable investors including Animoca Brands, KuCoin Ventures, Taisu Ventures, Kronos Research, and IBC Group, as well as angel investors from Uniswap, SNACKCLUB, and Nansen.
The investment will support Haven1’s mission to become the premier chain for DeFi 2.0 and tokenized real-world assets (RWAs), while addressing critical issues in the blockchain industry. Haven1 aims to redefine inefficiencies in current blockchain infrastructure through its innovative approach to network design and value redistribution.
As a permissioned yet decentralized chain, Haven1 has secured validator backing from nine of the world’s largest and most recognized brands, including AWS, Animoca Brands, Blockdaemon, Republic Crypto, and Sygnum Bank. This support from industry leaders positions Haven1 to offer an unparalleled level of security at the network level, enhanced user experience, and a revolutionary REKT-resistant hApp Store.
Jeff Owens, Co-Founder of Haven1, emphasized the platform’s unique value proposition, stating, ‘Haven1 is more than just secure—it’s the first blockchain to create the ideal environment for DeFi 2.0, where liquidity, efficiency, safety, and user-centric value and protections come together seamlessly.’ The funding will enable Haven1 to accelerate its roadmap and community development, with plans to bring the multi-app chain vision to life in early 2025.
Haven1’s innovative model includes a secure App Store (hApp Store) designed to consolidate liquidity across network-owned Web3 protocols, including a DEX, lending market, perpetuals, and NFT marketplace. This ecosystem will also support third-party-developed hApps, creating a seamless and efficient environment for users and developers alike. By channeling revenue from the most profitable hApps back into the ecosystem, Haven1 addresses inefficiencies that burden traditional Layer 1 blockchains and ensures that value generated flows back to $H1 token stakers.
The platform has already demonstrated significant traction during its public testnet phase, onboarding more than 475,000 users and processing over 9 million transactions. This early success reinforces Haven1’s position as a retail-friendly, enterprise-grade blockchain poised to lead the next wave of Web3 adoption.
Cass Cai, Head of KuCoin Ventures, expressed confidence in Haven1’s approach, stating, ‘Haven1’s approach to building a secure and multi-functional blockchain ecosystem designed for the needs of DeFi 2.0 and tokenized RWAs is exactly what the industry needs. Their ability to combine innovation with a strong focus on user protection positions them as a leader in the next wave of blockchain adoption.’
Haven1 incorporates several innovative features to enhance security and user experience, including onchain 2FA, dual smart contract audits, and the hPassport (Proof-of-Identity). These features make the platform particularly well-suited for DeFi 2.0 and tokenized RWAs by ensuring safe and efficient interactions for users.
Vincent Liu, Chief Operating Officer of Kronos Research, highlighted the platform’s potential impact on the Layer 1 space, particularly for DeFi and tokenized RWAs. Liu stated, ‘Haven1’s ability to seamlessly merge security, efficiency, and aligned incentives makes it a game-changer in the Layer 1 space particularly for DeFi and tokenized RWAs, which enable people to engage in this space long-term and achieve sustainable growth.’
With this new funding, Haven1 is set to accelerate the development of its multi-app chain, expand partnerships, and bring its innovative solutions to a wider
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