Ownera, a provider of tokenization interoperability FinP2P routers, and Adhara, a provider of liquidity management, deposit token and international payments solutions, have announced they will be working together towards a solution for digital cash and collateral at scale for institutional adoption.
Ownera has experience in use cases such as intra-day repo and collateral mobility whilst Adhara has been delivering digital cash solutions for both digital central bank money and institutional tokenized deposit accounts.
By integrating their technologies, the fintechs aim to connect post-trade systems with multiple sources of digital cash and collateral, each utilizing diverse technologies.
This partnership addresses the critical challenge of interoperability that financial institutions face, as different organizations deploy varied tokenized platforms. The combined solution provides an elegant and cohesive routing and orchestration system, enabling the efficient mobilization of collateral and optimizing liquidity on a market-wide scale.
Ami Ben David, founder and CEO of Ownera, said in a statement: “Our core technology at Ownera is centered around seamlessly connecting various sources of cash and collateral through our unified routing system. We are thrilled to partner with Adhara, combining their deep expertise in banking with our innovative routers. Together, we’re poised to accelerate the adoption of digital cash and collateral across financial markets.”
Ed Budd, co-founder of Adhara, said in a statement: “Our collaboration with Ownera is a significant milestone in advancing the adoption at scale of the new wholesale digital asset ecosystem. By seamlessly connecting Adhara’s expertise in digital cash and liquidity management with Ownera’s innovative 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 Ownera enables.”
DC Commander is Adhara’s flagship product, designed to help clients engage with a variety of new digital settlement layers and business platforms.