OpenFinance Network to list Swarm’s SRC-20 Tokens on the Securities Trading Platform

Alex Cavanagh
Sep 8, 2018 · 2 min read

Swarm recently announced a monumental partnership with OpenFinance Network to list all SRC-20 security tokens on the trading platform, introducing a significant liquidity source to its community of investors.

Swarm is the blockchain for private equity, making investment opportunities more accessible to all by tokenizing real world, high-return assets with globally compliant SRC-20 security tokens.

OpenFinance Network (OFN)is the first US based, regulated security token trading platform that serves as channel between issuers, investors, and industry stakeholders by offering access to liquidity and asset trading economies.

In order to streamline the listing of Swarm’s security tokens on OFN platform, OFN will the first to integrate Swarm’s Market Access Protocol (MAP). MAP is an open-sourced universally adaptable protocol, that ensures the specific rules and requirements of both parties are checked in order successfully execute transactions, while keeping investors personal details protected.

Swarm and OFN share in the same goal to bring efficiency, transparency and interoperability to the disjointed financial industry that exists today. In a mutually-beneficial agreement, the addition of SRC-20 tokens connects OFN users to a range of high-quality, tokenized investment opportunities, while OFN provides Swarm’s community with another top-tier marketplace to trade at and the enhanced liquidity that comes with it.

Juan Hernandez, founder of OFN, said “Swarm’s commitment to democratization and open infrastructure makes this a great relationship, and we’re excited to welcome their diverse investments to the platform.”

Swarm’s conception largely comes from the personal experiences, frustrations and inefficiencies encountered by the Swarm team, many of whom come from backgrounds in traditional investing, that clearly saw the opportunity a blockchain solution could provide to achieve a democratized financial economy.

Fortunately, this brings us to the point we’re at today, where retail investors are now presented with the unprecedented possibility to access high-class assets in private equity, with Swarm tokenizing these opportunities.

Furthermore, the exciting announcement of the OFN partnership will have a substantial influence on the growth of the security token industry, by demonstrating the interoperability that is now possible, having opened up a range of entirely new markets for investors.

For more information, check out Swarm and OpenFinance Network.

Alex Cavanagh

Written by

Digital Nomad, Blockchain & Crypto advocate, Investor and Whisker-Lover

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