Sui Co-founder Kostas Kryptos Involved in Founding Crypto Exchange Havenex, Series A Financing Near Completion

PANews reported on August 27 that Sui co-founder Kostas Kryptos posted on X platform saying that Havenex, a crypto exchange he helped establish as an advisor, is conducting a Series A funding round that is about to close and has applied for all necessary licenses. Havenex is positioned as a regulated exchange for financial institutions, allowing institutions to offer digital and traditional financial assets to their clients. Its core principles include 100% multi-chain, verifiable custody, continuous proof of solvency, multi-signature, quantum-resistant keys, hardware 2FA wallets, and support for privacy and RWA assets where regulations permit. Kryptos said Havenex will adopt Sui technology and integrate high-quality assets and bridges from other ecosystems, with the goal of helping the crypto industry meet regulatory requirements without sacrificing ownership, transparency, and security.