With the Alpha Release, Ovenue introduces the Automated Valuation of assets, SPV creation to secure the assets, and enabling asset-linked NFTs with built-in Data Rooms. Some proof of concepts were added to the demo platform.

The Beta Release adds the asset manager, NFT Marketplace, enabling asset-backed finance and the foundations of the Ovenue finance protocol. Real assets were onboarded on the demo environment to validate the technology.

With Ovenue’s official launch, the platform rolls out the complete asset-backed financing framework. This includes the ability to spin up Junior and senior liquidity pools, asset collateralization, and asset management DAO. SaaS licensing and customization agreements were signed with clients.

The focus is on both technological and domain specific enhancements. Key enhancements include asset fractionalization, market-based AI valuation engine, centralized wallet and multichain support for deploying public and private networks.

The Ovenue platform SaaS will transition from low-code to full no-code. Clients would be able to sign up and use drag-and-drop functionalities to define, customize and deploy an end-to-end solution using Ovenue modules. Several third-party services would be integrated and made available as add-ons.

Having established the B2B platform as a service model and helped clients build and deploy tokenization and financing solutions in a variety of industries, the possibilities would be endless. Ovenue would eventually launch B2C offerings and expand in other verticals.