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Morgan Creek Digital Invests in OpenFinance Network

August 06, 2018, 08:00 AM
Filed Under: Fintech

OpenFinance Network (OFN), an alternative asset trading platform for tokenized securities, has announced Anthony Pompliano as the newest member of its advisor committee and investor roster. Pompliano brings his experience as founder and partner at Morgan Creek Digital Assets to OFN’s mission to improve transparency and efficiency in alternative asset trading.

Morgan Creek Capital Management controls more than $1 billion in assets and is an industry leader in digital asset investments, planning to invest hundreds of millions into blockchain opportunities.

On his role as advisor and investor at OFN, Pompliano says, “Morgan Creek Digital is excited to partner with OpenFinance Network as they build out important infrastructure to empower transactions of digital securities. The team has been working on regulated exchange solutions for many years and has a distinct first mover advantage. Future transactions of regulated securities won't be based on legacy infrastructure, but rather, will be digitally native.”

OFN is committed to meeting the growing demand for security token trading infrastructure with its easy-to-navigate alternative assets trading platform that leverages blockchain technology to offer improved transparency, security, and efficiency.

CEO of OpenFinance Network, Juan Hernandez, aims to further develop the platform’s existing tools by fostering relationships with key partners. “We are thrilled to partner with Anthony Pompliano and Morgan Creek Digital. His experience and expertise in digital assets will be invaluable as we build the foundation for a tokenized future.”

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