London, United Kingdom:
Ownera, the corporate delivering an in depth interoperability buying and selling community for tokenized belongings, is at the moment saying Series A funding of $20M including J.P. Morgan and LRC Group.
Ownera’s goal is to create a worldwide unified inter-trading pipeline for digital securities, effectively connecting siloed tokenization platforms and buying and selling interfaces. Based on the open-source FINP2P protocol, Ownera’s providing seamlessly connects any sort of securities tokenization engine on any public or personal blockchain, and even on conventional ledgers.
For monetary establishments and venues, Ownera can present purchasers with a unified digital securities pockets, linked to a single API that aggregates and normalizes the choices. Clients can then make investments, commerce, lend and borrow in opposition to the linked set of tokenized belongings.
The Series A financing spherical additionally consists of Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax.
“It is commonly accepted that the tokenization of securities has the capacity to digitize markets with total value in the trillions of dollars. Dozens of platforms are being deployed by financial institutions across the market, and our job is to be the neutral layer, seamlessly interconnecting them into one global distribution and liquidity network, using open-source network specifications”, stated Ownera Co-Founder & CEO, Ami Ben-David.
“Interconnectivity is key to maintaining a liquid marketplace for tokenized assets. Ownera has developed a solution with the potential to connect multiple platforms to start building towards that liquid marketplace”, stated Scott Lucas, Head of Markets DLT, J.P. Morgan.
“LRC has chosen Ownera as a solution to distribute tokenized Real Estate assets to qualified investors using the open-source FinP2P protocol, adopted by global financial institutions. This solution has the potential to allow qualified investors access to single assets, portfolios and real estate-based structures in tokenized form, optimizing asset allocation and removing unnecessary friction”, stated Nadav Zohar, Chairman, LRC Group.
J.P. Morgan’s Scott Lucas will be part of Ownera’s board. Nadav Zohar, Chairman of the LRC Group, a serious investor within the spherical and associate of Ownera, will be part of the board as Executive Chairman.
About Ownera:
Ownera is a digital belongings software program firm constructing the institutional inter-trading rails for a brand new multi-trillion-dollar digital securities market. The firm led the creation of the open-source FinP2P interoperability protocol and delivers FinP2P primarily based community nodes and digital belongings options to the monetary trade, which allow world distribution and liquidity for digital securities. Learn extra at: ownera.io
View supply model on businesswire.com: https://www.businesswire.com/news/home/20220915005021/en/
