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JPMorgan, LRC Bet On Blockchain Startup Ownera
London-based Ownera has raised US$20 million in a Series A funding round from investors including banking giant JPMorgan and private asset management firm LRC Group.
6:58 14th Sep, 2022

The funds will be used to deploy a global interoperability network to unlock the institutional tokenized securities market, the blockchain infrastructure builder said in a statement.

Draper Goren Holm, tokentus investment AG, Accomplice Blockchain, Polymorphic Capital, The Ropart Group and Archax also took part in Ownera’s funding round.

Nadav Zohar, Chairman of the LRC Group, will be appointed Executive Chairman, while Scott Lucas, Head of Markets DLT at JPMorgan will join the board.

Ownera provides financial institutions with a digital securities wallet where clients can invest, trade, lend and borrow against a set of tokenized assets.

“It is commonly accepted that the tokenization of securities has the capacity to digitize markets with total value in the trillions of dollars,” said Ownera co-founder & CEO, Ami Ben-David.


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