Ownera and Fnality announced a collaboration to deliver seamless, secure, and scalable interoperability between Fnality’s fully regulated distributed ledger technology (DLT)-based payment systems and the broader tokenization ecosystem.
Through this partnership, institutions using an Ownera Router can give clients direct access to Fnality Payment System (FnPS) and its services, regardless of the tokenized assets they wish to trade or use as collateral. This applies across both public and private ledgers on which the assets are tokenized.
This collaboration is set to enhance the scalability of the fast-growing institutional tokenization ecosystem and increase liquidity in financial markets. By enabling streamlined and standardized access to the FnPS’ services and financial processes, this partnership will drive greater efficiency and innovation across the industry.
Ami Ben David, founder and CEO of Ownera, said in a statement: “The need to connect to the FnPS came from our clients, who wanted to enable various services including payment, repo, and collateral mobility.”
Rhomaios Ram, CEO of Fnality, said in a statement: “This collaboration will not only enhance market liquidity and efficiency but also accelerate the adoption of tokenization across the financial industry. We’re excited to offer institutions greater optionality in accessing the FnPS, and to support the growth of the broader distributed financial ecosystem.”