Spot Trading
Price-time priority central limit orderbook with low-latency matching, deterministic fills and a best-execution dashboard.
Learn more →Est. 2025
Capital Markets
Settled On-Chain
Private and compliant market infrastructure for the world's institutions — one venue for trading, issuance and settlement.
Thesis
Markets should settle the moment they trade. Counterparties should see only what they need to see. Assets should never leave the custody of their owners. We built Novara so institutions no longer have to choose.
Platform
Core Infrastructure
Six products, one settlement layer. Each can be used on its own or composed into a complete market workflow.
Tokenization
Mint and redeem treasuries, funds and private credit with transfer rules encoded at issuance and a secondary market from day one.
Learn more →Vaults
Programmable institutional liquidity pools with transparent strategy mandates, daily NAV and permissioned participation.
Learn more →Bridge
Move stablecoins and tokenized assets in and out of the network with attested reserves and atomic delivery.
Learn more →RFQ Platform
Request firm quotes for size from designated market makers and execute blocks privately, without moving the lit book.
Learn more →Data & API
FIX, REST and WebSocket access to market data and order entry, plus tooling for automated and agent-driven workflows.
Learn more →Security
Private and
Compliant by Design
Trade against verified counterparties without exposing balances, positions or strategies. Every participant is onboarded under KYC/KYB, and every transfer is checked against the rules of the asset itself.
- Sub-transaction privacy — counterparties see only their leg
- Non-custodial settlement — assets stay in your wallet or custodian
- Full regulatory audit trail, available on request
- SOC 2 Type II and independent smart-contract audits
Markets
Market Structure
A purpose-built trading venue designed for institutional participants with private and efficient execution.
01
Central Limit Orderbook
Price-time priority matching with deterministic fills and MEV-resistant flow.
02
Deep Liquidity
A designated market maker program keeps book depth and tight spreads across all pairs.
03
5ms Matching
Ultra-low latency matching. No slippage games, no front-running, no hidden queues.
04
Privacy by Design
Trade against trusted counterparties without exposing balances, positions or strategies.
PairLast24h
$0BCumulative volume
0Institutional members
0Trading and settlement
0Settlement exposure
Solutions
Built for Every Desk
Trade on-chain assets while keeping them at your custodian.
Connect your existing custody relationship and execute against the Novara book. Settlement is atomic, so cash and asset legs move together — no pre-funding, no counterparty exposure between trade and settlement.
- CustodyYour custodian of record
- SettlementAtomic, T+0
- ReportingDaily, portfolio-level
Earn on balances and bring custodied assets on-chain.
Offer clients treasury-backed yield on idle cash and mobilize collateral that would otherwise sit unused — inside your existing compliance perimeter.
- YieldTreasury-backed
- CollateralIntraday mobility
- ControlsYour policy, enforced on-chain
Quote continuously with inventory that stays in your control.
Self-custodied quoting, co-located order entry and a rebate program designed for designated liquidity providers.
- Latency~5ms matching
- FeesMaker rebates
- AccessFIX 4.4 / WebSocket
Bring a new asset to market with liquidity from day one.
Issue through the tokenization platform, encode transfer restrictions at mint, and list directly on the venue with market maker support.
- AssetsFunds, bonds, credit
- RulesEncoded at issuance
- ListingSame-day
About
A Venue Built by
Market Practitioners
Novara was founded by traders, engineers and compliance officers from global banks, exchanges and clearing houses. We have spent our careers inside the plumbing of financial markets — and we know which parts are worth keeping.
Our goal is simple: give institutions the speed and programmability of on-chain markets without giving up the privacy, controls and legal certainty they depend on.
New YorkHQ
LondonEurope
SingaporeAsia-Pacific
Newsroom
Latest
Novara launches tokenization platform for money-market funds
Issuers can now mint and redeem fund shares with transfer restrictions encoded at issuance.
Three global custodians connect to Novara settlement
Clients can trade on-chain while assets remain with their custodian of record.
Novara surpasses $4B in cumulative trading volume
Growth driven by asset managers and market makers moving flow on-chain.
Institutional Access
Open an Account
Tell us about your organization and a relationship manager will be in touch within one business day.