DAAvern provides an end-to-end compliance platform for managing inside information under the EU's Markets in Crypto-Assets Regulation (MiCAR). The platform documents delay decisions, creates cryptographically timestamped and on-chain anchored disclosure records, and supports publication across DAAvern's own channels. It also prepares authority notifications with written explanations for transmission through the electronic channel specified by the relevant regulator.
Funding
Funding not disclosed
Founders
Product
Problem
Crypto-asset markets are subject to market abuse rules that require inside information to be publicly disclosed in a timely manner. When issuers decide to delay such disclosure, they must have technical means to ensure the information remains accessible, readable, and maintained in a durable medium, and they need to create verifiable records of both the delay and the disclosure itself.
Solution
DAAvern provides the technical infrastructure for the full lifecycle of inside information, from the initial delay decision to final publication and authority notification. The platform lets companies document when inside information arose, when the delay was decided, who is responsible, and the evidence supporting each condition under MiCAR. It then enables creation of disclosure records that are cryptographically timestamped and anchored on-chain as tamper-resistant evidence. DAAvern also publishes disclosure records across its own network of channels and prepares the required notifications and written explanations for transmission to authorities. The workflow integrates each step into a single, reproducible process designed for supervisorial defensibility.
Target Audience
Primary customers are issuers of crypto-assets and crypto-asset service providers that are subject to MiCAR market abuse rules and need to manage inside information disclosures and delay decisions with regulatory compliance.
Features
- Delay decision documentation that records timing, responsible parties, and the evidence supporting each condition of the MiCAR delay regime
- Cryptographic timestamping and on-chain anchoring of disclosure records to provide tamper-resistant, verifiable evidence
- Publication capabilities across the company's own website and social media channels with an approved record creation workflow
- Distribution support through DAAvern's own network to further spread recorded disclosures
- Authority notification preparation including written explanations formatted for the electronic channel specified by the relevant regulator