Ownera and Adhara partner on digital cash and collateral
05 September 2024 UK
Image: K/stock.adobe.com
Ownera has formed a strategic partnership with Adhara, a liquidity management, deposit token and international payments solutions provider.
The collaboration looks to help institutions deliver digital cash and collateral solutions at scale in the foreseeable future.
According to the companies, by integrating their technologies, they will offer financial institutions with a unified approach to connect post-trade systems with multiple sources of digital cash and collateral.
The firms look to address the challenge of interoperability that financial institutions face, as different organisations deploy varied tokenised platforms.
The combined solution looks to provide a routing and orchestration system, enabling the mobilisation of collateral and optimising liquidity on a market-wide scale.
Ownera, a provider of tokenisation, interoperability and fintech peer-to-peer (P2P) routers, has been working with other institutions on digital asset solutions for use cases such as intraday repo and collateral mobility.
While Adhara has been working to deliver digital cash solutions for both digital central bank money and institutional tokenised deposit accounts.
Commenting on the news, Ami Ben David, founder and CEO of Ownera, comments: “Our core technology at Ownera is centred around connecting various sources of cash and collateral through our unified routing system.
“Together, we’re poised to accelerate the adoption of digital cash and collateral across financial markets.”
Ed Budd, co-founder of Adhara, adds: “Our collaboration with Ownera is a significant milestone in advancing the adoption at scale of the new wholesale digital asset ecosystem.
“By connecting Adhara’s expertise in digital cash and liquidity management with Ownera’s routing technologies, we are setting a new benchmark for how financial institutions can have more options in the box to quickly and cost effectively integrate once internally with DC Commander and connect many times including to all networks that Ownera enables.”
The collaboration looks to help institutions deliver digital cash and collateral solutions at scale in the foreseeable future.
According to the companies, by integrating their technologies, they will offer financial institutions with a unified approach to connect post-trade systems with multiple sources of digital cash and collateral.
The firms look to address the challenge of interoperability that financial institutions face, as different organisations deploy varied tokenised platforms.
The combined solution looks to provide a routing and orchestration system, enabling the mobilisation of collateral and optimising liquidity on a market-wide scale.
Ownera, a provider of tokenisation, interoperability and fintech peer-to-peer (P2P) routers, has been working with other institutions on digital asset solutions for use cases such as intraday repo and collateral mobility.
While Adhara has been working to deliver digital cash solutions for both digital central bank money and institutional tokenised deposit accounts.
Commenting on the news, Ami Ben David, founder and CEO of Ownera, comments: “Our core technology at Ownera is centred around connecting various sources of cash and collateral through our unified routing system.
“Together, we’re poised to accelerate the adoption of digital cash and collateral across financial markets.”
Ed Budd, co-founder of Adhara, adds: “Our collaboration with Ownera is a significant milestone in advancing the adoption at scale of the new wholesale digital asset ecosystem.
“By connecting Adhara’s expertise in digital cash and liquidity management with Ownera’s routing technologies, we are setting a new benchmark for how financial institutions can have more options in the box to quickly and cost effectively integrate once internally with DC Commander and connect many times including to all networks that Ownera enables.”
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