Deep Tide TechFlow News, on August 22, according to CoinDesk, trade finance company Haycen announced on Friday that it has received a digital asset business (M) license issued by the Bermuda Monetary Authority (BMA), allowing it to issue and manage various currencies' 1:1 collateralized stablecoins. The company plans to first launch a stablecoin pegged to the British Pound, focusing on serving the B2B market, regulated entities, and non-bank lending institutions. Haycen founder and CEO Luke Sully stated that this is a key moment in the company's development, which will provide innovative stablecoin solutions for global enterprises. Earlier this year, Haycen established a partnership with Northern Trust, which serves as its fiat currency custodian, while also receiving support from the UK's National Security Strategic Investment Fund (NSSIF).