Haven1 Raises $4.6 Million to Revolutionize DeFi and Blockchain Infrastructure
TL;DR
Haven1 has secured $4.6 million in private funding, drawing support from high-profile investors, giving an advantage in the competitive blockchain industry.
Haven1 is a permissioned yet decentralized multi-app chain designed to consolidate liquidity, reduce transaction friction, and channel value back to its ecosystem and token holders.
Haven1's mission is to revolutionize DeFi 2.0 and tokenized RWAs, making the world a better place by addressing industry inefficiencies and creating a safer, more rewarding blockchain ecosystem.
Haven1's secure App Store (hApp Store) has onboarded over 475,000 users and processed over 9 million transactions, demonstrating transformative potential in the blockchain space.
Found this article helpful?
Share it with your network and spread the knowledge!

In a significant development for the blockchain and decentralized finance (DeFi) sectors, Haven1 has successfully raised $4.6 million in a private funding round. This investment, backed by industry giants such as Animoca Brands, KuCoin Ventures, Taisu Ventures, Kronos Research, and IBC Group, signals strong confidence in Haven1's mission to redefine blockchain infrastructure and spearhead the next wave of DeFi innovation.
Haven1 positions itself as the first EVM multi-app blockchain, aiming to solve critical issues plaguing current blockchain systems. The platform's unique approach combines enhanced security, improved efficiency, and a user-centric value redistribution model. This innovative framework is designed to address the shortcomings of existing Layer 1 blockchains while creating an ideal environment for the growth of DeFi 2.0 and the integration of tokenized real-world assets (RWAs).
One of the most notable aspects of Haven1's development is its backing from nine world-renowned brands serving as validators. These include Amazon Web Services (AWS), Animoca Brands, Blockdaemon, Republic Crypto, and Sygnum Bank. This high-profile support not only enhances the network's credibility but also ensures a robust and secure foundation for its operations.
At the heart of Haven1's ecosystem is its secure App Store, dubbed the hApp Store. This platform is designed to consolidate liquidity across various network-owned Web3 protocols, including a decentralized exchange (DEX), lending market, perpetuals, and NFT marketplace. The hApp Store also accommodates third-party developed applications, fostering a diverse and dynamic ecosystem. Crucially, this model redirects revenue from the most profitable applications back into the ecosystem, addressing inefficiencies common in traditional Layer 1 blockchains and rewarding $H1 token stakers.
The implications of Haven1's success extend far beyond its immediate ecosystem. By enhancing liquidity efficiency and reducing transaction friction, the platform has the potential to significantly impact the broader blockchain and DeFi landscapes. The emphasis on security and user protection, exemplified by features like onchain two-factor authentication, dual smart contract audits, and the hPassport (Proof-of-Identity) system, could set new standards for the industry.
Haven1's approach to blockchain infrastructure could be particularly transformative for the burgeoning field of tokenized real-world assets. By providing a secure and efficient platform for these assets, Haven1 may accelerate the integration of traditional finance with the digital asset space, potentially unlocking new forms of value and investment opportunities.
The platform's current public testnet phase has already shown promising results, with over 475,000 users onboarded and more than 9 million transactions processed. This early traction suggests a strong potential for widespread adoption once the platform fully launches.
As Haven1 moves forward with its development roadmap, the implications for the blockchain industry could be far-reaching. The platform's focus on addressing core inefficiencies while prioritizing security and user experience may set a new benchmark for blockchain projects. If successful, Haven1 could play a pivotal role in driving the next phase of blockchain adoption, particularly in the realms of DeFi and tokenized assets.
The $4.6 million funding round provides Haven1 with the resources to accelerate its development and expand its partnerships. As the project progresses towards its anticipated launch in early 2025, the blockchain and DeFi communities will be watching closely to see if Haven1 can deliver on its promise to revolutionize the industry and create a more efficient, secure, and user-friendly blockchain ecosystem.
Curated from BlockchainWire

