Fund administration firm Apex has partnered with Ownera, which provides an interoperability solution for tokenized assets to address the increasing fragmentation of blockchain networks.
With a proliferating number of networks, the need for interoperability is ever more pressing. Blockchain interoperability is one option, although imperfect, complex and with many options to choose from. Another path is to connect to multiple chains using APIs. But if a wealth manager wants to offer their clients tokenized assets on ten different blockchains, that would mean ten API connections. The whole point of blockchain was to solve for silos, not create more of them.
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