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.
“This investment will allow us to play an important role in shaping the future of capital markets, one where issuers and institutional investors have more real-time visibility into assets and can more efficiently transfer ownership and settle transactions,” said Jim Kelligrew, Vice Chair and Head of Corporate & Commercial Banking, U.S. Bank. “Our goal is to provide our capital markets clients a more streamlined experience, helping them save time and money, all while experiencing unprecedented transparency.”
“We are excited to add U.S. Bancorp to our latest investment round. We brought the industry together to solve the problem of global distribution and liquidity for digital assets and strategic investment from major institutions such as U.S. Bancorp is key to ensuring that the FinP2P network is bringing high quality, institutional size investment opportunities to pools of accredited and institutional investors around the world.” added Ownera Co-Founder & CEO, Ami Ben-David.