Saturday, March 4, 2023

U.S. BANCORP INVESTS IN DIGITAL ASSETS FINTECH, OWNERA

Funding will be used to accelerate Ownera’s deployment of a global interoperability network to unlock the institutional market for Tokenized Assets.

LONDON, March 2 (Bernama-BUSINESS WIRE) -- Ownera, the company delivering an extensive interoperability network for tokenized assets, announced today that U.S. Bancorp has joined Ownera’s Series A investment round.

Ownera is working to digitize paper-heavy and illiquid private markets, allowing banks, asset managers and exchanges to route assets more efficiently. Ownera aims to help institutional clients of regulated financial institutions discover, invest in and trade assets with instant transaction settlement and transfer of ownership. These clients will be able to receive real-time visibility into the characteristics and history – including ownership details – of a wide-range of assets such as bonds and syndicated corporate loans.

Ownera’s objective is to unlock distribution and liquidity by connecting asset tokenization venues to wealth platforms and exchanges across the world. Based on the open-source FinP2P protocol, Ownera’s offering for regulated financial institutions aims to seamlessly connect any type of asset tokenization platform on any blockchain, private distributed ledger, or even traditional ledgers. 

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