Ownera Announces $20M Series A Financing including J.P. Morgan and LRC Group
Ownera Announces $20M Series A Financing including J.P. Morgan and LRC Group
Funding will be used to accelerate Ownera’s deployment of a global interoperability network
to unlock the institutional tokenized securities market.
LONDON, UK — September 15, 2022 — 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 and The Ropart Group.
“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
Media Inquiries:
Anthony Woolley, Ownera: anthony.woolley@ownera.io
Richard Hillary, J.P. Morgan: richard.hillary@jpmorgan.com