Ownera has raised $20 million in Series A funding led by JP Morgan and LRC Group. Other investors include; Draper Goren Holm, tokentus Investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax.
Ownera is a digital asset platform enabling tokenization of securities as well as “institutional inter-trading rails .” According to Ownera, its mission is to create a global unified “pipeline for digital securities, efficiently connecting siloed tokenization platforms and trading interfaces.” Utilizing the open-source FINP2P protocol, Ownera’s offering aims to connect any type of securities tokenization engine on any public or private blockchain, as well as traditional ledgers.
Ami Ben-David, Ownera co-founder and CEO, commented on the funding round:
“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.”
Scott Lucas, Head of Markets DLT, JP Morgan, said interconnectivity is key to enabling a liquid market for tokenized assets:
“Ownera has developed a solution with the potential to connect multiple platforms to start building towards that liquid marketplace.”
As part of the investment, Lucas will be joining the board.
Nadav Zohar, Chairman of LRC Group, said they have selected Ownera as a solution to distribute tokenized assets from the restate sector:
“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.”
Zohar will join the board as well as the Executive Chairman of Ownera.