Funding
will be used to accelerate Ownera’s deployment of a global
interoperability network to unlock the institutional tokenized
securities market.(BUSINESS WIRE)
-- Ownera, the company delivering an extensive interoperability trading
network for tokenized assets, is today announcing Series A funding of
$20M including J.P. Morgan and LRC Group.
Ownera’s objective is to create a
global unified inter-trading pipeline for digital securities,
efficiently connecting siloed tokenization platforms and trading
interfaces. Based on the open-source FINP2P protocol, Ownera’s offering
seamlessly connects any type of securities tokenization engine on any
public or private blockchain, or even on traditional ledgers.
For financial institutions and venues,
Ownera can provide clients with a unified digital securities wallet,
connected to a single API that aggregates and normalizes the offerings.
Clients can then invest, trade, lend and borrow against the connected
set of tokenized assets.
The Series A financing round also
includes 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”, said 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”, said 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”, said Nadav Zohar, Chairman, LRC Group.
J.P. Morgan’s Scott Lucas will join
Ownera’s board. Nadav Zohar, Chairman of the LRC Group, a major investor
in the round and partner of Ownera, will join the board as Executive
Chairman.
About Ownera:
Ownera is a digital assets software
company building the institutional inter-trading rails for a new
multi-trillion-dollar digital securities market. The company led the
creation of the open-source FinP2P interoperability protocol and
delivers FinP2P based network nodes and digital assets solutions to the
financial industry, which enable global distribution and liquidity for
digital securities. Learn more at: ownera.io
View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005021/en/
Contacts
Media Inquiries:
Anthony Woolley, Ownera: anthony.woolley@ownera.io
Richard Hillary, J.P. Morgan: richard.hillary@jpmorgan.com
(BUSINESS WIRE) -- Ownera, the company delivering an extensive interoperability trading network for tokenized assets, is today announcing Series A funding of $20M including J.P. Morgan and LRC Group.
Ownera’s objective is to create a global unified inter-trading pipeline for digital securities, efficiently connecting siloed tokenization platforms and trading interfaces. Based on the open-source FINP2P protocol, Ownera’s offering seamlessly connects any type of securities tokenization engine on any public or private blockchain, or even on traditional ledgers.
For financial institutions and venues, Ownera can provide clients with a unified digital securities wallet, connected to a single API that aggregates and normalizes the offerings. Clients can then invest, trade, lend and borrow against the connected set of tokenized assets.
The Series A financing round also includes 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”, said 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”, said 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”, said Nadav Zohar, Chairman, LRC Group.
J.P. Morgan’s Scott Lucas will join Ownera’s board. Nadav Zohar, Chairman of the LRC Group, a major investor in the round and partner of Ownera, will join the board as Executive Chairman.
About Ownera:
Ownera is a digital assets software company building the institutional inter-trading rails for a new multi-trillion-dollar digital securities market. The company led the creation of the open-source FinP2P interoperability protocol and delivers FinP2P based network nodes and digital assets solutions to the financial industry, which enable global distribution and liquidity for digital securities. Learn more at: ownera.io
View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005021/en/
Contacts
Media Inquiries:
Anthony Woolley, Ownera: anthony.woolley@ownera.io
Richard Hillary, J.P. Morgan: richard.hillary@jpmorgan.com
