Ownera raises £17.4m in Series A funding led by J.P. Morgan and LRC Group to expand its tokenized asset trading network
The financing will accelerate the deployment of Ownera's global interoperability network for institutional digital securities.
Ownera builds interoperability trading networks and infrastructure for tokenized assets and digital securities. The company delivers FinP2P based network nodes to the financial industry to enable global distribution and liquidity.
Ownera has secured £17.4m in Series A funding to accelerate the deployment of its global interoperability network for tokenized securities. The financing round was backed by several prominent investors, including J.P. Morgan and LRC Group, alongside Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax.
Funding will be directed towards advancing Ownera's objective of creating a unified inter-trading pipeline that connects siloed tokenization platforms and trading interfaces. Built on the open-source FinP2P protocol, the technology links diverse securities engines across public and private blockchains or traditional ledgers.
Alongside the investment, Scott Lucas of J.P. Morgan and Nadav Zohar of LRC Group will join the company's board, with Zohar taking on the role of Executive Chairman.
From the founder
"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"
Ami Ben-David
Co-Founder & CEO at Ownera
Investor perspective
"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"
Scott Lucas
Head of Markets DLT, J.P. Morgan
Use of funds
- 01Continue product development
Investors
Scott Lucas
J.P. Morgan
Nadav Zohar
LRC Group
Draper Goren Holm
tokentus Investment AG
Accomplice Blockchain
Polymorphic Capital
The Ropart Group
Archax