R3 acquires stablecoin issuance capacity on world-class regulated markets with Ivno software


R3 acquires stablecoin issuance capacity on world-class regulated markets with Ivno software

By Edlyn Cardoza


  • Tokenization of assets
  • Rope
  • Digital assets

R3 a acquired the technology and team of the financial asset tokenization specialist Ivno, allowing the use of capacities developed by Ivno on the Corda platform. This acquisition further strengthens R3’s capabilities in digital assets and currencies.

Ivno’s secure and dynamic smart contracts and tokenization platform is designed for regulated financial services companies. It allows users to quickly tokenize assets such as gold, cash, collateral and works of art, providing a modern way to increase liquidity, improve security, and enable fast and secure transfer. low cost of assets.

The solution has been developed to comply with regulatory requirements. Its robust design enables 24/7 atomic transactions, meaning settlement failures, delays, and associated infrastructure issues are made history.

The integration of Ivno’s capabilities will enable R3’s clients to optimize balance sheet management through the tokenization of underlying assets while benefiting from Corda’s performance and security. It will also enhance the capabilities of the R3 sandbox for digital currencies, allowing customers to experience digital asset tokenization and explore various emerging stablecoin models before moving to the production-ready solution.

Aaron Grantham, CEO of Ivno, said: “Customers will be able to take advantage of the innovative capabilities of Ivno’s tokenization software with the benefits offered by a true enterprise framework provided by R3. I have no doubts that this will enable the rapid adoption of new business solutions using DLT-led technology paradigms. “

Todd mcdonald, Chief Product Officer of R3, said: “Digital liquidity and tokenized liquid assets represent one of the biggest innovations in financial markets. The underlying technology offers the possibility of significantly optimizing the cost and speed of financial transactions. Acquiring Ivno’s high-quality Corda-based software significantly accelerates R3’s ability to provide our clients with regulatory-compliant, enterprise-grade stablecoin issuance capabilities. As a first step, Ivno’s capabilities will be integrated into the R3 sandbox for digital currencies.

Recently, IBS Intelligence reported that Coadjute, the real-time network that connects the property market, had announced plans to allow UK retail banks to issue mortgage stablecoin on their network, in partnership with global tech company R3.

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