Updated:
Provenance Blockchain
June Ou's Provenance Blockchain is a Cosmos-built Layer 1 for tokenizing institutional real-world assets like private credit and real estate.
Provenance Blockchain
Provenance is the leading Layer 1 blockchain for financial services, built with the Cosmos SDK. Our secure, proof-of-stake network is purpose-built for real-world asset tokenization, offering unparalleled efficiency and transparency for financial institutions and beyond.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
Taiwan
City
Taipei, London, Clayton, Vancouver, Los Angeles, Philadelphia, San Juan, New York, Boston, Frankfurt am Main, San Francisco, Tokyo
Corporate office
—
Additional offices
Taipei · London · Clayton · Vancouver · Los Angeles · Philadelphia · San Juan · New York · Boston · Frankfurt am Main · San Francisco · Tokyo
Principals
June Ou
Executive Director, Co-Founder
Matt Conroy
CTO, Co-Founder
Michelle So
Chief Operating Officer, Chief Marketing Officer
Sector focus
Frequently asked questions
What does Provenance Blockchain actually do for financial institutions?
Provenance provides a public, proof-of-stake Layer 1 blockchain purpose-built for financial services. It lets institutions tokenize real-world assets — private credit, real estate funds, structured products — and manage their full lifecycle on a shared ledger. The goal is to replace manual reconciliation and intermediary steps with instant settlement and a verifiable record of ownership, while embedding compliance rules directly into the token.
How does Provenance's architecture differ from Ethereum or other general-purpose chains?
Provenance is built with the Cosmos SDK as a single-purpose chain optimized for regulated financial assets. It enforces compliance at the protocol level — know-your-customer checks and transfer restrictions are embedded in the token logic, not left to smart-contract developers. The validator set is permissioned and composed of known financial institutions, avoiding the pseudonymous participation model of permissionless chains.
Who runs investment decisions and product direction at Provenance?
The network and its surrounding entity are led by co-founders June Ou (Executive Director) and Matt Conroy (CTO), with Michelle So serving as both COO and CMO. The team combines operating experience from regulated fintechs like SoFi with platform-engineering backgrounds from Meta, TikTok, and Magic Eden.
How is Provenance governed, and who operates the validator nodes?
Provenance uses a delegated proof-of-stake model. The validator set is permissioned, meaning participants must be approved entities. The firm emphasizes that validators come from the financial services industry, aligning network operation with the compliance requirements of regulated institutions.
Which asset classes see the most activity on Provenance?
Publicly discussed use cases concentrate on private credit, commercial and residential real estate fund interests, and institutional fund administration. The chain's design targets any asset class where opaque servicing, slow settlement, and high reconciliation costs create operational drag for asset managers and investors.
Does Provenance operate as a company or a decentralized protocol?
Provenance operates as a public, decentralized blockchain network with a core development and business entity that lists offices across North America, Europe, and Asia Pacific. The team manages the chain's roadmap and ecosystem growth, while the ledger itself runs on a distributed validator set. The exact legal entity structure is not disclosed.
What is Provenance's relationship with the Cosmos ecosystem?
Provenance is built with the Cosmos SDK and connects to the broader Cosmos interchain via the Inter-Blockchain Communication (IBC) protocol. This lets it share a security and communication standard with other Cosmos chains while maintaining its own sovereign validator set and compliance-focused governance.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: