Ownera and LayerZero have announced a partnership to integrate their platforms, linking Ownera’s institutional application layer with LayerZero’s cross-chain interoperability protocol. The aim, according to the companies, is to make it easier for financial institutions to deploy tokenised assets and applications across multiple blockchains without building separate integrations for each connection.
LayerZero’s protocol connects more than 160 blockchains and has facilitated over USD 200 billion in value transfers since its launch, the companies state. Ownera’s Router and SuperApps Platform is already in production at several financial institutions, supporting use cases such as intraday repo, trading platforms, collateral mobility, payment aggregation and connectivity to central securities depositories.
The collaboration includes the launch of two LayerZero applications on the Ownera SuperApps Platform. One application is designed to allow issuers to make tokenised assets available across all blockchains supported by LayerZero, with access through Ownera’s platform for functions including subscription, trading, collateral, repo, lending, payments and custody. The second application acts as a connector, enabling developers building on Ownera’s platform to access assets across multiple blockchains without developing custom cross-chain integrations.
Three market conditions
The companies frame the integration as a response to what they describe as three market conditions: increasing tokenisation of assets, the continued existence of multiple blockchain networks, and the need for institutions to support several use cases simultaneously.
The LayerZero applications are available immediately on the Ownera SuperApps Platform, the companies said.
