CHICAGO--(BUSINESS WIRE)--Jul 31, 2018--OpenFinance Network (OFN), an alternative asset trading platform for tokenized securities, has announced Jim Stonebridge as its Chief Operating Officer.

Jim Stonebridge brings twenty-five years of financial markets experience to OFN, having worked in a wide variety of senior leadership roles on both the proprietary trading and brokerage sides of the business. From the open-outcry trading pits of the Chicago Board of Trade, through the evolution of off-floor prop desks into the high-frequency era, to the exclusively online world of self-directed brokerage, Stonebridge has experienced the rapid evolution of financial markets across a variety of products, venues, and perspectives.

Regarding his new role as COO, Stonebridge says, “I look forward to bringing my broad experience in finance and trading to OFN’s mission of providing the necessary infrastructure to support the security token and digital asset markets. I believe that digitized assets will play a major role in shaping the future economy, and I’m excited to be a part of a team that is leading innovation in this emerging industry.”

In the face of ambiguity around the treatment of digital assets, tokens that meet current US securities’ compliance measures have become increasingly attractive to institutional and retail investors looking to make forays into the digital security realm. OFN is committed to facilitating this growing demand with its easy-to-navigate alternative asset trading platform, leveraging blockchain technology to offer improved transparency, security, and efficiency.

OpenFinance Network CEO Juan Hernandez aims to improve and expand product offerings by incorporating the experience of their new COO. “We are honored to join forces with Stonebridge. His expertise in traditional finance will be invaluable as we build bridges between the traditional financial universe and the foundation of a digitized future.”

Having been a trusted player in the alternative asset industry since 2014, OFN is a frontrunner in developing distributed ledger technology for improving systems of alternative asset trading. Learn more about OpenFinance Network on their website and by joining their community and social channels:

Website: https://www.openfinance.io/ Medium: https://medium.com/@openfinance Twitter: https://twitter.com/openfinanceio Telegram: https://t.me/joinchat/EuSBh0tKLOaUrZ0NgT7Jaw

About OpenFinance Network

OpenFinance Network is a trading and settlement platform for the alternative asset industry. The platform serves as a conduit between issuers, investors, and industry stakeholders, offering streamlined access to liquidity and asset transfer efficiencies. The team has over fifty years of combined experience in financial markets, exchange technology, and finance law and has operated together since 2014. Securities offered through Sageworks Capital, LLC, an affiliated entity, a registered broker-dealer and a member of FINRA & SIPC.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180731005697/en/

CONTACT: For OpenFinance Network

Jesse Lucas

Jesse@melrosepr.com

(310) 260-7901

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: TECHNOLOGY INTERNET SOFTWARE SECURITY PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: OpenFinance Network

Copyright Business Wire 2018.

PUB: 07/31/2018 11:15 AM/DISC: 07/31/2018 11:15 AM

http://www.businesswire.com/news/home/20180731005697/en