Securrency, a developer of blockchain-based financial and regulatory technology, has partnered with Ownera, a digital securities software company to provide investors with access to a global network of interconnected private financial markets and stimulating global liquidity, according to a release.
The thesis behind the partnership is the fact that private financial markets are enormous raising trillions of dollars a year. While larger than public markets these private markets are rather fragmented. Together, Securrency and FinP2P are working to address this issue by connecting siloed venues through one unified routing network, regardless of which blockchain ledger, custody solution, or settlement currencies it uses.
The FinP2P network was unveiled yesterday at the Security Token Summit with a demonstration of the interconnection of 10 industry solutions. The APIs are said to provide a single point of connection to multiple blockchains, enterprise DLT technologies, custody solutions, and settlement currencies while supporting instant settlement and full regulatory compliance. According to the two companies, by using these APIs any regulated institution can join the network and provide new financing and investment opportunities to its clients.
Dan Doney, CEO of Securrency said his company is proud to demonstrate their commitment to innovation through our integration with FinP2P.
FinP2P, supported by Securrency’s interoperable and multi-jurisdictional compliance framework, is designed to create new channels for companies to raise capital and attract liquidity in a way that is impossible within the current digital securities ecosystem.
“Interconnecting dozens of different blockchain platforms has never been done at this scale, especially with such diverse interoperability”, stated Ami Ben-David, founder and CEO of Ownera, the company providing the FinP2P interconnectivity node to companies on the network. “The expected results of the adoption of the FinP2P network are higher liquidity and better access to capital and assets, opening up any privately-held asset to hundreds of thousands of potential investors.”
Ben-David added that deals on the FinP2P network are expected to be completed in just a fraction of the time they take today.