Openwealth provides a translation and orchestration layer that links blockchain activity with a financial institution’s existing back‑office systems such as book of record, order management, KYC/AML, reporting and billing. By integrating tokenized funds, crypto and digital securities directly into current workflows through pre‑built connectors and APIs, it eliminates the need for separate custody or onboarding stacks and supports any public, permissioned or layer‑2 blockchain.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face significant integration challenges when adding tokenized assets, crypto, or digital securities to their operations. Existing back‑office systems (book of record, order management, KYC/AML, reporting, billing) cannot directly process on‑chain activity, often requiring a parallel technology stack and duplicate processes.
Solution
Openwealth provides a translation and orchestration layer that connects any blockchain—public, permissioned, or layer‑2—to an institution’s existing operational infrastructure. The platform converts on‑chain events into records, orders, and reports that legacy systems understand, and synchronizes data back to the blockchain, eliminating the need for a separate custody or reporting stack. Pre‑built connectors and APIs enable seamless integration with book‑of‑record, order‑management, onboarding, compliance, and billing systems. The solution supports token issuance, compliance enforcement, NAV/pricing, transfer agency, and real‑time reporting through a modular, pluggable architecture. Institutions can choose their settlement network, custodian, and identity provider while Openwealth handles the middleware that orchestrates the full tokenized‑asset lifecycle.
Target Audience
Primary customers are banks, asset managers, custodians, and other financial institutions that need to issue, manage, and reconcile tokenized assets within their existing back‑office and compliance frameworks.
Features
- Middleware layer that translates on‑chain activity into standard back‑office records, orders, and reports
- Pre‑built connectors and APIs for book of record, order management, KYC/AML, reporting, and billing systems
- Token issuance service with allowlists, role‑based pricing, and support for regulated asset tokens (funds, equities, private markets, RWAs)
- Compliance and suitability engines that enforce institutional policies at the contract layer
- NAV, pricing, allocation, and transfer‑agent functionality with audit‑ready workflows
- Event and webhook bus plus reporting APIs to push data back into existing client‑reporting and accounting platforms
- Support for any blockchain network (EVM, Solana, Bitcoin, permissioned DLTs, layer‑2) and major token standards (ERC‑20, ERC‑3643, ERC‑1400)
- Flexible deployment options (SaaS, dedicated tenant, VPC, on‑prem) and ability to bring your own settlement network, custodian, and identity provider