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FinP2P Interconnectivity Routing Network For Financial Institutions Adds Tezos Adapter

FinP2P – an interconnectivity routing network designed to enable financial institutions to issue, trade, and instantly settle digital securities has added a Tezos blockchain adapter.

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Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

FinP2P

FinP2P is an interconnectivity routing network designed to enable financial institutions to issue, trade, and instantly settle digital securities. A unique thing that FinP2P enables is cross-platform and blockchain functionality. FinP2P can enable seamless cross-organization transactions.

A demo video showing the FinP2P network in action can be seen here

FinP2P has been created by Ownera which is a Draper Goren Holm portfolio company.  The project has been led by Ami Ben-David Co-Founder/CEO at Ownera and formerly the Co-Founder/Managing Partner at SPiCE VC/Securitize.

Tezos

Now, an open-source adapter for Tezos has been created that allows cross trading of assets on Tezos with institutions using any other ledger on the FinP2P network.

The specific Tezos adapter Github page can be found here.

Some other ledgers in the FinP2P network include: Ethereum, Algorand, Stellar Corda, Circle, Fabric (Hyperledger), Symbiont Assembly, GK8, Fireblocks and ING bank-led project Pyctor.

Now, Tezos has been added to this list and has become part of the FinP2P interconnectivity routing network.

Ami Ben-David, Co-Founder and CEO of Ownera stated:

With this adapter, any FinP2P wallet, using any custody solution, can hold, transfer and trade Tezos assets against any other security or currency on any other ledger.

Currently supporting primary distribution and secondary liquidity, with colleteralization and borrowing coming soon.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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