UK-based Ownera bags €20M from J.P. Morgan, others to unlock the institutional tokenised securities market

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London-based Ownera, the company that claims to deliver an extensive interoperability trading network for tokenised assets, announced on Wednesday, September 14, that it has raised $20M (approximately €20M) in a Series A round of funding. 

Ownera co-founder and CEO, Ami Ben-David, says, “It is commonly accepted that the tokenisation of securities has the capacity to digitise 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.”

The company says it will use the funds to accelerate deployment of a global interoperability network to unlock the institutional tokenised securities market.

Investors in this round

The investment came from J.P. Morgan and LRC Group. The round also saw participation from Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group, and Archax.

J.P. Morgan’s Scott Lucas will join Ownera’s board. Nadav Zohar, Chairman of the LRC Group will join the board as Executive Chairman.

Nadav Zohar says, “LRC has chosen Ownera as a solution to distribute tokenised 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 tokenised form, optimising asset allocation and removing unnecessary friction.”

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“Digitising the private markets”

Founded in 2018 by Ami Ben David and Yuval Carmel, Ownera is a digital assets software company that is building the institutional inter-trading rails for a new multi-trillion-dollar digital securities market. 

The company played a key role in the development of the open-source FinP2P interoperability protocol and provides FinP2P network nodes and digital asset solutions to the financial sector, enabling worldwide distribution and liquidity for digital securities.

Ownera’s goal is to effectively integrate disparate tokenisation systems and trading interfaces to build a worldwide, consistent inter-trading pipeline for digital assets. The company’s product integrates any form of securities tokenisation engine on any public or private blockchain, or even on traditional ledgers, and is based on the open-source FINP2P protocol.

The company can give customers a uniform digital securities wallet connected to a single API that collects and normalises the offers for financial institutions and venues. Following that, clients can invest in, trade, lend against, and borrow against the related group of tokenised assets.

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Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

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