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Technology news

Ownera partners with Digital Asset on tokenised asset distribution


26 July 2024 UK
Reporter: Daniel Tison

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Image: DJSPIDA_FOTO/stock.adobe.com
Ownera has partnered with Digital Asset, a provider of blockchain and tokenisation software, to offer scalable, industry-wide distribution of tokenised assets.

Ownera’s routers will now feature a built-in Canton node, enabling interconnectivity with the Canton Network ecosystem of tokenisation applications and digital assets.

Digital Asset and 30 other market participants launched the Canton Network in 2023 as the first privacy-enabled open blockchain network designed for institutional assets, connecting previously siloed financial systems and infrastructure.

Network participants can exchange data and value to unlock the potential of synchronised financial markets, according to Digital Asset.

By embedding Canton nodes into Ownera’s routers, the firm aims to enable interoperability with asset and payment platforms operating on both legacy systems and various blockchain networks, including private and public ledgers.

Ami Ben David, founder and CEO of Ownera, says: “We believe that cross-market interoperability is crucial for the scalable growth of the tokenised ecosystem. Our focus is on connecting tokenised supply, demand, and services wherever they are.

“With this partnership, we can now offer our buy side and custody clients direct native access to the Canton network, and give Canton users access to additional distribution, liquidity, and services utilising Ownera’s routers such as payment, custody, data, transfer agents, CSDs, and more.”

Applications built for the Canton Network will also benefit from wider market distribution, enhanced liquidity, and diverse payment options, according to Ownera.

Yuval Rooz, co-founder and CEO of Digital Asset, says: “The Canton Network has brought together the largest value of tokenised real-world assets of any network in the world.

“Extending the utility of these assets within Canton to complementary ecosystems of tokenised assets is key for users of Canton Network.”
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