Tokenizing the Financial World. OFN is creating the World’s leading security token trading platform, built for the tokenized future.
The OpenFinance Network is the leading trading platform for alternative assets. We work with the millions of investors who hold assets in the $7.7T alternatives market (e.g. hedge funds, private equity, limited partnerships, non-listed REITs, business development companies (BDCs), Regulation D, Regulation A+, Regulation CF and other crowdfunded assets). We integrate directly with the brokers, custodians and transfer agents who participate in this space.
U.S. Based. Venture Backed – Founded by Industry Veterans.
We have developed a framework to transform the trading, clearing & settlement process in our industry, utilizing distributed ledger technology to bring efficiency, transparency, and interoperability to a fragmented market. Moreover, this interoperability also applies between “traditional” alternative assets and the emerging “crypto” alternative asset class, creating a mechanism of tokenized trading
to bridge the gap between off-chain and on-chain capital markets.
TOKENIZED TRADING: Common Protocol. Data Standardization. Asset Interoperability
With the emergence of “crypto” alt assets and the industry shift towards a ledger based book-entry process, the need for standardization and interoperability with alternative assets is greater than ever. Our system is designed for traditional alternative assets and token-based securities, and allows for a streamlined compliant process for secondary market trading. Direct integrations with financial institutions such as broker-dealers, custodians and transfer agents provide a bridge to the on-chain crypto capital markets.
The OpenFinance Network (OFN) is a protocol and framework for the processing of securities transactions, initially focused on the clearing & settlement process but intended for the entire securities lifecycle. This provides a common framework and communication protocol by which to standardize alternative assets and provide interoperability between the data silos of market participants. The OFN blockchain builds on the Ethereum consensus mechanism and utilizes smart contracts, standardized object models and network adaptors to bring the strengths of distributed ledger technology to the alternative assets industry. A zero-knowledge proving system is utilized to bring full transparency of auditable data to the public without leaking the underlying data.
Buy, Sell, Manage and Research Security Tokens all in One Place with OpenFinance Network