Adhara and ioBuilders have merged to create a London-headquartered firm focused on blockchain-based financial infrastructure. The combined company is set to offer production-ready platforms for digital cash, tokenised lending and securities.
Both companies have been early adopters of Distributed Ledger Technology (DLT) and pioneered digital cash and settlement systems on a global scale. The merger will enable them to expand their ability to build blockchain-based software products and services tailored for financial institutions.
“This is a pivotal moment for the financial sector,” said Julio Faura, chair at Adhara. “Digital finance is now real, and we offer the production-ready tools institutions need to lead.”
Adhara’s solutions are designed to meet the scalability, privacy, and interoperability requirements of financial institutions, leveraging technologies such as Ethereum, Hyperledger Besu, and Hedera Hashgraph.
ioBuilders has developed and deployed tokenised financial platforms for regulated institutions worldwide, with a strong focus on compliance and regulatory alignment.
The newly formed entity is already working with leading financial institutions, including Santander, Deutsche Bank, and Lloyds.
Together, the companies will leverage their expertise in regulated digital assets to support the evolving infrastructure needs of global finance.
Carlos Matilla, CEO of ioBuilders, who now assumes the role of CEO of the combined entity, said:
“We are creating a one-stop partner with proven software and delivery experience for banks moving from pilot to full-scale deployment.”
The transaction is subject to regulatory approvals. The combined entity will employ 120 people across the UK, Spain, South Africa, and Singapore.
