1. Aiwaka AdventuresHome
  2. AI Insights

Bank of America Invests in Ownera to Support Decentralized Finance

• AI Insights • 85 views

On March 1, it was announced that the United States Bank of America was involved in its A-round financing. Ownera is developed based on the open source protoco…

Bank of America Invests in Ownera to Support Decentralized Finance

On March 1, it was announced that the United States Bank of America was involved in its A-round financing. Ownera is developed based on the open source protocol FIN P2P and supports any public or private blockchain and any type of securities tokenization engine on the traditional ledger. Customers can access the unified digital securities wallet, allowing users to invest, trade and borrow Tokenized assets.

Securities Tokenization Infrastructure Ownera was invested by United States Bank

Analysis based on this information:


Bank of America, the second largest bank in the United States, has invested in Ownera, a digital securities platform, to support decentralized finance. The announcement was made on March 1, 2021, and marks a milestone in the adoption of blockchain technology in the traditional finance industry.

Ownera, developed based on the open source protocol FIN P2P, offers a unified digital securities wallet that supports any public or private blockchain and any type of securities tokenization engine on the traditional ledger. This means that customers can access a single platform for investing, trading, and borrowing tokenized assets, regardless of their underlying technology or asset type.

The A-round financing from Bank of America is a clear indication of the growing interest in decentralized finance, which aims to create a more transparent, efficient, and accessible financial system by leveraging blockchain technology. Decentralized finance, or DeFi, refers to a range of financial services and applications that operate on a decentralized blockchain network, without the need for intermediaries such as banks or financial institutions.

Ownera’s platform is designed to facilitate the issuance and trading of digital securities, which are digital representations of traditional securities such as stocks, bonds, or real estate. By tokenizing these assets, they become more liquid, accessible, and secure, while also reducing the complexity and cost of traditional securities transactions.

Bank of America’s investment in Ownera is a significant step towards integrating blockchain technology into the mainstream financial system. It also demonstrates the potential of DeFi to transform the way we think about finance and investments, by offering a more inclusive, efficient, and decentralized alternative to traditional financial services.

In conclusion, Bank of America’s investment in Ownera is a sign of the growing interest in decentralized finance and the adoption of blockchain technology in the traditional financial industry. By supporting a platform that offers a unified digital securities wallet and supports any type of securities tokenization engine on any blockchain, Bank of America is helping to bridge the gap between the traditional finance world and the emerging DeFi ecosystem.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/01/bank-of-america-invests-in-ownera-to-support-decentralized-finance/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/01/2023 10:11
Next 03/01/2023 10:26

Recommended articles