Tim Draper: BlackRock, Citi and J.P. Morgan transact tokenized collateral on Ownera

Tim Draper: BlackRock, Citi and J.P. Morgan transact tokenized collateral on Ownera
BlackRock and Citi use tokenized collateral

Tim Draper, founding partner of Draper Associates, writes that major financial institutions including BlackRock, Citi and J.P. Morgan have used Ownera, a DGH portfolio company, to move tokenized collateral within minutes. Draper notes that this marks a success for the venture studio model, highlighting involvement from Alon, now leading DGBventures.

Draper has previously cited Draper Associates' focus on bold founders in discussions of AI-driven venture capital rankings. He has also noted that VC Lab, led by Adeo Ressi, backed over half of recently launched VC firms and contributed to $2 billion in startup exits, according to a past summary of new fund launches. These earlier statements highlight the firm's ongoing activity across emerging sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.