Tokeny integrates Ownera to boost liquidity of tokenized assets
“The adoption of FinP2P will result in higher liquidity and better access to capital and assets by providing regulated firms with one secure point of connection to multiple digital asset networks across the globe.”
Tokeny has partnered with inter-trading network Ownera to distribute tokenized assets over the Ownera FinP2P network and unlock liquidity for the emerging assets.
The Luxembourg-based tokenization platform reminded that the digital securities industry has lacked a common global distribution network for connecting issuers, investors, exchanges, and other market participants.
The rate of institutional adoption and investor access to high-quality digital assets has thus been limited up until now. Ownera’s FinP2P open-source routing protocol might be able to solve this problem by orchestrating the instant exchange of digital assets held on any blockchain platform, for digital cash held on any ledger.
The protocol supports primary issuance, secondary trading and DeFi-style instant borrowing against assets pledged as collateral. This routing network has the power to open up digital distribution for the private markets and unlock global liquidity in a way that no single institution or exchange can achieve on its own.
Ownera FinP2P distribution network reaches broader investor base
Backed by Euronext Group, Inveniam, Apex Group, and K20 Funds, Tokeny has been recognized by CB Insights and KPMG as a Top 50 Blockchain and Top 100 Global Fintech company. The firm faciliates the compliant issue, transfer, and management of digital assets on blockchains.
Tokeny’s infrastructure uses the market standard ERC-3643 to ensure each transfer can only be triggered between eligible investors through ONCHAINID, a digital identity system, enabling the transferability of tokenized assets.
By integrating the Ownera FinP2P distribution network, Tokeny will enable its clients to further improve the liquidity of their tokenized assets by reaching a broader investor base across the globe.
This is part of the industry’s efforts to put bring blockchain to real world assets. When assets are brought onchain, they can be transferred and managed by their owners, at a lower cost, and in real-time, said Daniel Coheur, Chief Strategy Officer of Tokeny.
“As the compliance is built in at the token level, visibility and interoperability is the key to maximize asset liquidity. By integrating Ownera’s FinP2P, we allow our clients and their investors to connect to additional distribution networks, and use tokenized assets for collateralization”, he added.
Anthony Woolley, Head of Business Development and Marketing at Ownera, said: “Institutions have been faced with the challenge of deploying multiple blockchain technologies if they want to access different isolated pools of assets and investors. The adoption of FinP2P will result in higher liquidity and better access to capital and assets by providing regulated firms with one secure point of connection to multiple digital asset networks across the globe. Any institution deploying a Tokeny solution now has the potential to access the added distribution capabilities of the Ownera FinP2P network.”