#United States #Atlanta #Digital Asset #Ledgible #Ownera

Ledgible Partners with Ownera for Enhanced Institutional Reporting

In a significant move in the financial technology sector, Ledgible, a prominent player in the enterprise digital asset tax, accounting, and data-reporting arena, has announced its strategic partnership with Ownera, a leader in institutional tokenization applications. This collaboration is expected to deliver robust compliance and reporting capabilities to major financial institutions, enabling them to manage digital asset activities with greater transparency and confidence.

A New Era of Financial Reporting

The partnership integrates Ledgible’s production-grade reporting features into Ownera's innovative SuperApps Platform, streamlining the tax and regulatory reporting processes for institutional clients. Financial institutions engaging in digital asset trading can now leverage these combined offerings to navigate complex regulatory frameworks while ensuring precise and auditable reporting.

For institutions handling substantial trading volumes—which exceed $5 billion monthly—this integration serves as a vital tool that supports their operations across multiple blockchains and asset classes. Ledgible's real-time tax calculations along with audit-ready accounting records enhance the ability of these institutions to maintain consistent compliance workflows.

Kell Canty, CEO and Co-founder of Ledgible, commented on the partnership, emphasizing that institutional adoption of digital assets is reliant on trust in reporting and compliance mechanisms. “Through our collaboration with Ownera, we are equipped to offer essential capabilities that are integral for financial institutions in an increasingly digital asset-driven environment,” Canty stated.

Benefits of the Collaboration

Ownera’s SuperApps Platform is designed to enable institutions to use various specialized applications without the hassle of managing multiple vendor integrations. By incorporating Ledgible’s features, institutions can add compliance functionalities as their engagement with digital assets grows, thereby reducing operational complexity. This adaptability means that as regulations evolve, financial institutions can seamlessly integrate updated capabilities without overhauling their core technologies.

Ami Ben-David, Founder and CEO of Ownera, highlighted the significance of this partnership, noting, “Ledgible exemplifies how our SuperApps Platform can create network effects in institutional digital assets. Institutions are in need of specialized services like tax reporting and compliance, which are vital for enhancing their transactional frameworks.”

Transforming Digital Finance

Ownera currently supports applications that include high-precision intraday repo, cross-chain asset connectivity, and core functions for collateral mobility and distribution. The addition of Ledgible further enriches this ecosystem by adding a vital layer for regulatory reporting and compliance.

As digital finance continues to evolve, Ledgible stands out as a firm dedicated to transforming blockchain data into clear, compliant records that facilitate institutions in meeting their regulatory obligations. This integration comes at a crucial time as financial market players strive for better procedures and transparency in the digital asset landscape.

In summary, the partnership between Ledgible and Ownera marks a pivotal development in the intersection of finance and technology, potentially reshaping how institutions handle digital asset activities and navigate the complexities of compliance and reporting. With both companies committed to enhancing digital asset management, the future looks promising for financial institutions seeking to operate within a secure and efficient framework.