Archax, the first FCA regulated global digital securities exchange, custodian and broker, today announced a partnership with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute digital securities over the Ownera FinP2P network.
The digital securities industry is growing fast but has lacked regulated, institutional-grade exchanges and market infrastructure, as well as a common global distribution network for connecting issuers, investors, exchanges, and other market participants. As a result, the rate of institutional adoption and investor access to high-quality digital assets has been limited up until now.
To help address this, Archax is rolling out a digital asset ecosystem, built with institutions in mind, and designed to allow them to raise funds through digital issuances, as well as custody and trade a variety of digital assets, such as digital securities, NFTs and cryptocurrencies. Coupled with this, Archax subsidiary Montis is leveraging blockchain technology to revolutionise the post-trade space by building a blockchain-based Central Securities Depository (CSD), which will allow regulated digital securities to realise their full potential.
On the distribution side, Ownera has brought the industry together to develop the FinP2P open-source routing protocol to solve this problem by orchestrating the instant exchange of digital assets held on any blockchain platform, for digital cash held on any ledger. It supports primary issuance, secondary trading and DeFi-style instant borrowing against assets pledged as collateral. This routing network has the power to open up digital distribution for the private markets and unlock global liquidity in a way that no single institution or exchange can achieve on its own.
Speaking about the partnership, Graham Rodford, CEO and co-founder of Archax, said: “Together Archax and Ownera are perfectly positioned to help move the institutional adoption of digital assets…
