Ownera has joined the Global Digital Finance (GDF) Patron Board.
Global Digital Finance is a UK-based organization that aims to support the digital asset sector of Fintech.
In a public statement, Global Digital Finance said it will work with Ownera to promote standards and best practices for the financial services sector as it digitizes and to provide governance and oversight of the FinP2P protocol as it gains widespread global adoption.
The FinP2P protocol is designed to support real-time custody, payment, and settlement of any digital security across diverse blockchain and ledger networks.
Anthony Woolley, Head of Business Development at Ownera and the co-chair of the GDF Private Markets Digitization Steering Group, commented:
“The digitisation of the private markets has been hampered by a lack of global distribution, institutional adoption and investor access to quality assets. GDF has facilitated the development of the open-source FinP2P protocol within a community of over 70 major financial institutions, technology providers and law firms. With many FinP2P projects planning to go live in 2022, GDF is the perfect custodian for the development of an open and inclusive FinP2P ecosystem and we are honoured to join their Patron Board.”
Lawrence Wintermeyer, co-Chairman of Global Digital Finance, said they are delighted that Ownera has joined the GDF Patron Board and is running the FINP2P open-source network through a GDF community governance node.
“This is an exciting era for digital securities, with a promise of unlocking the trading of the $1 trillion market for private securities through an open and transparent digitally decentralized network.”
GDF reports over 350 global members including firms like Standard Chartered, EY, R3, the London Stock Exchange Group and more.