A new paper from ValueExchange and Digital Asset shares insights into the operational challenges and digital transformation needed to meet regional demand for North American equities. To meet the T+1 settlement cycle, 96% of settlement instructions from Asia to the US and Canada must be accelerated within the next nine months. Digital Asset, in partnership with The ValueExchange,...

Yuval Rooz, Co-Founder and CEO of Digital Asset, spoke before the U.S. House of Representatives Subcommittee on Digital Assets, Financial Technology and Inclusion's hearing today about the Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives. During his testimony on September 14th, Rooz stressed how the global financial...

The new 36-member subcommittee will identify and assess key issues and policy proposals concerning digital asset markets. Digital Asset announced today that Yuval Rooz, Co-Founder and CEO of Digital Asset, was appointed as a member of the new Digital Asset Markets subcommittee of the U.S. Commodities Futures Trading Commission (CFTC) Global Market Advisory Committee (GMAC). “I am...

The privacy-enabled Canton Network allows previously siloed systems in finance to be interoperable and synchronized in previously impossible ways, unlocking new efficiencies and innovation. Firms including BNP Paribas, Deutsche Börse Group, EquiLend, and Goldman Sachs, among others, already use Canton; industry partners include Capgemini, Deloitte, IntellectEU, Microsoft, and Umbrage....

Deloitte and Digital Asset today announced a strategic alliance to help organizations develop, build, and launch smart-contract and blockchain-based solutions. Blockchain and digital asset technologies present an incredible opportunity for businesses, whether in banking, capital markets, insurance, healthcare or bringing transparency to the supply chain. According to Deloitte’s Tech...

Digital Asset to provide the underlying technology for the new industry-driven 1Source initiative led by EquiLend EquiLend today announces that it has selected Digital Asset to provide the distributed ledger technology underpinning the EquiLend 1Source initiative. Unveiled in July 2022 as part of EquiLend’s Digital Transformation Working Group, which consists of many of the world’s...

The European Investment Bank is the first to use Goldman Sachs’ new digital asset platform, issuing the first fully digital bond on a private blockchain January 10, 2023 Goldman Sachs recently announced that the bank’s new digital asset platform, GS DAP™, is live, one year into their engagement of Digital Asset. GS DAP is developed on top of Digital Asset’s Daml smart contract language...

Digital Asset is in alignment with findings from the report and supports ASX's decision to commission the Accenture Delivery Review. November 17, 2022 On November 16, 2022, ASX issued a CHESS Replacement project update to stakeholders stating that the project has been paused while ASX revisits the solution design following an independent review conducted by Accenture. We refer you to...

Manual processes and legacy systems in the financial sector will be unable to cope with human, regulatory and technical challenges in coming decades. November 1, 2022 A new study conducted by the ValueExchange in partnership with Digital Asset found that the manual processes and legacy systems that underpin transactions and communications in today’s financial sector will not be able to...

Digital Asset, a Gold Sponsor of leading Asian Fintech event, makes prominent appearance at event with executive leadership, announcing major product releases. October 27, 2022 Digital Asset today unveiled its market-leading exhibition for Hong Kong FinTech Week 2022 and confirmed its speakers for the event. As a Gold Sponsor, Digital Asset aims to support the region’s vibrant FinTech...

New tokenization toolkit, currently in production with financial leaders, sets the standard in transforming traditional financial assets into a digital ledger, expediting time-to-market. October 11, 2022 At Sibos, Digital Asset introduced Daml Finance, a significant addition to its smart contract platform, Daml, that accelerates the tokenization process. Daml Finance is a new, open...

Security Testing is an important process during the development of Daml Applications and the Daml products themselves. This TechNote describes Digital Asset approach to source code scanning and the respective responsibilities of Digital Asset and Daml customers / developers with a focus on Static Analysis Security Testing (SAST). The full document is to be found here.

Fintech industry veteran Shane Akeroyd joins Digital Asset as President to help drive strategic initiatives and grow the company’s customer base September 20, 2022 Digital Asset, a software and services provider that helps enterprises build economic value through interconnected networks, today announced Shane Akeroyd, formerly of IHS Markit, has joined the company’s executive team in...

Customer growth stems from increased interest in blockchain tokenization within financial services and other industry verticals August 30, 2022 Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, today announced another strong quarter of growth in Q2 2022. The company continues to expand its footprint among financial...

New partnership plans to establish Japan-based joint venture May 27, 2022 Coming off a successful first quarter, Digital Asset continues to build momentum with the announcement of a new strategic investor, SBI Holdings (SBI), a financial services group based in Tokyo, Japan. The announcement was made by SBI as part of its FY2021 full-year results on May 27, 2022 in Tokyo. SBI’s...

With the right frameworks in place, central bank digital currency could provide faster, cheaper remittances to the world's poorest communities May 24, 2022 In conjunction with the World Economic Forum at Davos, Digital Asset, a software and services provider that helps enterprises build economic value through interconnected networks, and Dr. Giovanni Bandi, Fellow and Regulatory Genome...

Digital Asset Strengthens C-Suite with New Chief Sales Officer; Increases recurring revenue by 400% and triples customer base year over year in Q1 2022 April 27, 2022 Digital Asset today announced an exceptional Q1 2022 marking significant growth as the company continues its work with financial institutions and market infrastructures, building next-generation blockchain infrastructure...

Daml 2.0 is a significant industry milestone that removes key barriers to distributed ledger technology adoption with groundbreaking capabilities for privacy and cross-domain interoperability March 2, 2022 Digital Asset announced today the general availability of Daml 2.0, the newest version of Digital Asset’s multi-party application platform. This version makes it easier than ever to...

New partnership will generate efficiency and remove manual processes in the broadly syndicated loans (BSL) market February 15, 2022 Symphony - the leading markets’ infrastructure and technology platform - is partnering with Digital Asset - a software and services provider that helps enterprises build economic value through interconnected networks - to generate efficiency and remove...

New network will provide scalability, with the highest levels of privacy and smart contracting capabilities for Central Bank Digital Currency February 10, 2022 Today, London-based SETL and New York-based Digital Asset announce that they are entering into a partnership to create a new protocol which can be used by regulated institutions to launch interoperable tokens. The new protocol,...

Emerging Digital Ecosystem Will Shift Control of Value from Legacy Silos to an Open Business Environment January 27, 2022 Digital Asset, a software and services provider that helps enterprises build economic value through interconnected networks, and Oliver Wyman, a leading global international management consulting firm, published a joint report that introduces the Global Economic...

As a prominent advocate for blockchain and digital assets, Giancarlo will help advance the company’s vision of building the Global Economic Network January 25, 2022 Digital Asset, the software and services provider building interconnected networks for global enterprises, today announced that the Honorable J. Christopher “Chris” Giancarlo, former Chairman of the United States Commodity...

Strategic alliance leverages distributed ledger and smart contracts to create better data access, standardization, and low-cost product liquidity December 8, 2021 SE2, a leading life and annuities insurance technology and services firm, and Digital Asset, a software and services provider, today announced their strategic collaboration to create products supporting the sales and servicing...

Goldman Sachs will use Daml to develop and support the end-to-end digital life cycle across multiple asset classes on permissioned and public blockchains. November 3, 2021 Digital Asset, a leading software and services provider helping enterprises build economic value through interconnected networks, today announced that Goldman Sachs will use Daml, Digital Asset’s core technology, to...

Industry-leading accreditation signals Digital Asset’s ongoing commitment to security, risk management, and best practices for data management across the organization October 28, 2021 Digital Asset, a software and services provider that helps enterprises build economic value through interconnected networks, today announced that it has achieved ISO 27001:2013 certification for...

New alliance will explore use cases for blockchain, distributed ledgers and smart contracts, including faster investor authentication methods, reduction of transaction cost and friction, and enhancing product liquidity October 18, 2021 CAIS, the leading alternative investment platform, and Digital Asset, the creators of the Daml multi-party application platform, today announced a...

Today’s announcement builds on a long-term strategic partnership and shared vision of digitizing financial markets October 6, 2021 Digital Asset today announced that it has been selected by Deutsche Börse, a financial market infrastructure provider, as a long-term strategic technology partner for its new fully digital post trade platform, D7. The new cloud-backed and DLT-ready platform...

The project aims to test the efficiency and operational feasibility of Daml and VMware blockchain-powered technologies in the issuance of dematerialized securities certificates September 14 Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), today embarked on a Dematerialization Proof-of-Concept to facilitate the dematerialization of securities certificates leveraging Daml smart...

Company sees strong momentum as demand for Daml multi-party application platform grows July 14, 2021 Digital Asset announced today new C-suite additions to support its growing customer base and massive momentum heading into the second half of 2021. Robin Liebowitz, formerly head of global marketing at AWS Financial Services, has joined Digital Asset as chief marketing officer. Craig...

The partnership creates new opportunities for clients looking to launch digital marketplaces where Daml-driven applications can seamlessly extend into the Marketplace Services Platform June 24, 2021 Digital Asset today announced a new partnership with Nasdaq (Nasdaq: NDAQ) to enable Daml-driven applications on the Nasdaq Marketplace Services Platform. Nasdaq and Digital Asset customers...

New whitepaper deep dives into CBDC implementation and highlights the key points to consider when choosing a technology to support CBDC April 28, 2021 The challenge of creating and implementing CBDC is large and complex, requiring a thoughtful approach and technology solutions that not only address current challenges but also facilitate future innovation and support yet-to-be known...

Xpansiv announces that it will be using Daml to underpin its infrastructure and enable the rapid scaling of ESG commodities in global markets. April 27, 2021 Xpansiv, the global marketplace for ESG-inclusive commodities, has announced that it will be using Daml, a multi-party application platform created by Digital Asset, to underpin its infrastructure and enable the rapid scaling of...

New funding enables Digital Asset to grow global team and make Daml the unified standard across systems of record April 21, 2021 Digital Asset, the creators of the Daml multi-party application platform, announced today it has raised over $120 million in Series D funding from 7RIDGE and Eldridge. Leading organizations across the world rely on Daml to transform disparate data silos into...

Enterprises now have additional support options to write CorDapps in DAML October 20 Over the last few months we have seen a growing interest in DAML for Corda from both customers and partners alike. We are excited to announce that GFT joins a select list of partners providing DAML smart contract support for R3’s Corda blockchain. Digital Asset and GFT have enjoyed a longstanding...

Accelerating the use of smart contract technology to optimize market workflows October 14 Given Asia Pacific’s economic momentum and affinity for advanced technology, it is perhaps unsurprising to discover that several Stock Exchanges in the region have picked up the baton when it comes to Distributed Ledger Technology (DLT) and its best recognized version of transaction recordkeeping,...

Chainstack joins growing list of partners supporting DAML for Corda integration September 24 We’re thrilled to add Chainstack to our growing list of partners supporting DAML for Corda integration. The first phase, starting today, will see DAML being made available on Chainstack for Corda as an early access feature, with other protocols and platforms to be added over time, including...

Sramana Mitra from One Million by One Million, covers entrepreneurs who push the envelope on high horsepower technology. Check out part one of her discussion with Digital Asset Co-founder and CEO Yuval Rooz, highlighting the start of his journey as an entrepreneur. This is a six part series. Click here to read more

Lawyers for Good Government Foundation Announces New Racial Justice Initiative Lawyers for Good Government Foundation (L4GG), a non-profit network of more than 120,000 legal advocates with lawyers in all 50 states, recently launched its new Lawyers for Racial Justice initiative. Enlisting the in-house counsel of Fortune 500 companies, the support of major law firms, and a nationwide...

Highlights from Cointelegraph featuring Singapore Exchange's announcement about its first digital bond issuance. SGX utilized DAML to model the bond and its distributed workflows for issuance and asset servicing over the bond’s lifecycle. Click here to read more.

Kelly Mathieson, Chief Client Experience Officer, Digital Asset sat down with JAXenter.com to share her experiences as a senior female executive in financial services and technology industries. “You are the best author of your own career path” Kelly also shared her thoughts about the challenges women in tech still face today, the importance of diversity in the workplace and ways to...

, Shaul Kfir, Co-founder and CTO at Digital Asset, spoke to Ledger Insights about the availability of DAML for developing applications on enterprise blockchain R3’s Corda. Click here to read more.

Digital Asset's CTO, Shaul Kfir, spoke to Ledger Insights about the growth of DAML integrations and the need interoperability across blockchains. Click here to read more.

CEO Yuval Rooz sat down with Simon Taylor at Blockchain Insider to discuss discuss the importance of DLT, the power of DAML and interoperability in Blockchain. Click here to listen to the discussion.

Corey Todaro, Senior Segment Lead, Healthcare at Digital Asset. sat down with Ray Dogum at Health Unchained to discuss the latest healthtech trends impacting the industry. Listen in to Corey and Ray as they discuss the effects of COVID19 on the healthcare system, the development of DAML, and how healthcare stakeholders feel about all these new technologies. Click here to listen to the...

UK FinTech Week 2020 goes virtual! Yuval Rooz, CEO and Co-founder at Digital Asset participated on a lively panel discussion during UK FinTech Week 2020 about the future of payments. Yuval was joined by industry luminaries from Women in Payments, SWIFT, Bank of England, Hogan Lovells, and Modulr. From interoperability challenges to digital currencies, embedded payments and future...

Post-trade activities are a crucial part of the overall trade process. As more large scale distributed ledger technology (DLT) projects come to life, stress testing DLT applications becomes necessary to ensure these new applications can meet the demanding requirements of the post-trade processing landscape. Recently, Exactpro announced that it has expanded and adapted its post-trade...

Digital Asset’s Kelly Mathieson and Dan O’Prey talk about some of the challenges and opportunities with blockchain technology in capital markets. We have broken down the session into five topical segments. Welcome - Navigating the blockchain hype The evolution of blockchain in capital markets The ins and outs of smart contracts & how companies are using DAML Major trends for blockchain...

Digital Asset's co-founder and CEO Yuval Rooz sat down with Bloomberg TV's to discuss his vision for Digital Asset and share his insights about blockchain, smart contracts and the future for the industry.

In February 2020, Forbes spent time with Digital Asset CEO Yuval Rooz and Chief Marketing Officer and Head of Strategy Dan O’Prey talking about the next chapter in the company's life. Click here to read more.

Digital Asset continues to demonstrate its commitment to meeting the security requirements of its customers and the integrity of its products and services New York -- March 5, 2020 -- Digital Asset, the creators of the open-source DAML smart contract language, announced today that it has successfully and voluntarily completed a Type 2 SOC 2 examination, which is a report on controls at...

Forbes Finance Council is an Invitation-Only Community for Executives in Accounting, Financial Planning, Wealth and Asset Management, and Investment Firms Emnet Rios, Chief Financial and Operating Officer of Digital Asset, has been accepted into the Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and...

In the September issue of Communications of the ACM, Camille Fournier, the head of platform development for a leading New York City hedge fund, sits down with Shaul Kfir, CTO and co-founder of Digital Asset, to discuss distributed-ledger technology (DLT) and DAML, the open source smart contract language developed by Digital Asset. In the interview, "DAML: The Contract Language of...

Broadridge Financial Solutions writes about why the repo market presents an ideal use case for distributed ledger technology and why they're using DAML to build an innovative bilateral repo platform. Imagine a world where all participants on a repo transaction share a single view throughout the lifecycle of the trade. Where having a single source of record on a platform that defined the...

Digital Asset's co-founder and CTO Shaul Kfir attended Collision 2019 in Toronto and spoke to Joshua Whiting of the ChangeWave podcast series by Treehouse, the provider of affordable and accessible technology education that helps people learn how to code. Joshua asks Shaul about his career, achieving success and the importance of building diverse teams. Watch Video >

In this video from JLN’s Industry Leader Series, Digital Asset Chief Strategy Officer Zohar Hod talks about public versus private blockchains and how Digital Asset is positioning itself within the digital asset infrastructure space. Watch Video >

The first chance to access the exchange’s new build heralds profound changes to come. As milestones go, next week will be a quiet one: on Monday, April 29, the Australia Stock Exchange (ASX) will allow brokers to begin connecting to its new back-office systems based on blockchain. There won’t be a celebration or ticket tape. It’s just the start of a long process involving I.T....

Would you like your software to be more reliable, harder to hack and cheaper to run? Then, if you aren’t already in on the act, it may be time to embrace functional programming – a maths-based approach that is challenging the status quo at financial firms. Proponents of functional languages say they are better at handling certain financial operations than the dominant, so-called...

Digital Asset made waves at Global Custodian’s Industry Leaders Awards event in New York as Kelly Mathieson, head of financial products, took home the coveted North America Industry Person of the Year award. We speak to Kelly on how industry attitudes have shifted around blockchain technology and its potential for clearing and settlement. Read More >

Google is increasingly betting that blockchain technology, which creates a permanent ledger across multiple computers, will be key to competing with Amazon and Microsoft in cloud services. To that end, Google and the New York-based startup Digital Asset announced a partnership on Monday to bring blockchain to Google Cloud. “We’re partnering with Google Cloud to provide developers with a...

The blockchain revolution is here. The technology long associated with Bitcoin is now being used to make businesses as varied as trade finance, videogaming, travel insurance, and diamond mining more efficient and more secure. Read More > (Subscription required)

Big technology companies have routinely failed to hire women for new projects, or promote them to management and board positions. But with blockchain, women have led the way on some of the most important projects, both at tech companies and start-ups. Read More > (subscription required)

To hear Blythe Masters tell it, the time has come for Digital Asset (DA) to spread its wings and fly. The distributed ledger technology (DLT) company she founded in 2014 is entering a new phase, heralded by, among other things, a partnership with Google Cloud to simplify and proliferate the tech. Read More >

Startups working in these hot areas of the technology industry take more than half of the spots on this year’s Wall Street Journal listing of 25 technology companies to watch. The list identifies startups that show signs of becoming emerging leaders in the tech industry. Read More >

If minimum viable products (MVPs) have so far proved elusive for companies building blockchain solutions for capital markets, Consensus 2018 marked a notable change in the narrative. Assembled in New York this week, a handful were even confident enough to give firm timetables for production. For those tired of blue-sky talk, it was refreshing to hear large-scale financial infrastructure...

Speaking to an audience in New York City on Thursday, Digital Asset CEO Blythe Masters and R3 founder and CEO David Rutter worked to cast their projects not as applications but as entire ecosystems for developers to build apps of their own. Read More >

Australia's main stock exchange has said it will become the first global market to use the technology behind Bitcoin to clear and settle trades. The Australian Securities Exchange (ASX) will replace its current clearing system with blockchain technology. The new system has been in development and testing for more than two years and aims to cut the cost of transactions, and make them...

Would ASX upgrade? After months of waiting, the markets finally have an answer, as the Australian Securities Exchange (ASX), the nation's largest domestic stock exchange, has officially revealed it will upgrade its post-trade settlement system, CHESS, using a blockchain platform designed by startup Digital Asset. Read More >

Australia’s main securities exchange is betting on the record-keeping technology that underpins bitcoin to process stock trading in the country. The decision to adopt the technology to replace ASX Ltd.’s current decades-old system offers a significant foothold in mainstream finance for blockchain. ASX expects the shift will make the sharing of vast volumes of data more efficient and...

There has been no shortage of milestones for Digital Asset Holdings, the distributed-ledger technology company co-founded in 2014 by Sunil Hirani, CEO of trueEX Group, and Donald Wilson Jr., CEO of DRW Trading Group. The most headline-grabbing was the March 2015 appointment of Blythe Masters as CEO. Read more >

A project to bring cutting-edge blockchain technology to the vast $3-trillion-a-day US repo market has come a step closer to fruition. The tech firm led by Blythe Masters, the high-profile former JP Morgan executive, and the Depository Trust & Clearing Corporation, one of the largest US clearing houses, are moving to phase-two of the project after a successful "proof of concept" test,...

Digital Asset Holdings, where Masters is chief executive officer, is deploying what it calls fingerprints to address that problem. Though these fingerprints get shared among all users of a given blockchain, only trusted parties can decipher them. Read more >

In 2015 “blockchain” technology evolved from a novel backwater to a mainstream matter. A clear distinction has been drawn between bitcoin and other cryptocurrencies, on one side, and the technology that underpins them (now known as “distributed-ledger technology”). Today, virtually every large financial institution is exploring it. What was hailed as a great disruptive force for...

Recent research by Citigroup (C, -0.07%) projects that revenues of financial technology startups will leap 10 times, to more than $100 billion, in the next four years. Here are a handful of companies with major growth potential. Digital Assets Holdings Year founded: 2014 Notable Investors: Citigroup, IBM Blythe Masters, chief executive officer of Digital Asset Holdings LLC, gestures as...

3. Blythe Masters, CEO, Digital Asset Holdings Blythe Masters is no stranger to new ideas. As an executive at JPMorgan Chase in the 1990s, she hit on the idea of offloading lending risk to another bank in exchange for a fee — the now-famous credit-default swap. Post-crisis, Masters is at the cutting edge of finance once again, helming the distributed ledger powerhouse Digital Asset...

Blythe Masters, the investment banker turned blockchain entrepreneur, will on Wednesday announce a string of partnerships with consultancies to help their financial clients harness the technology that underpins bitcoin. Read More >

Distributed Ledger Effort Establishes Open Technical Governance Structure, Receives Influx of Code Contribution Proposals SAN FRANCISCO, Calif., Feb. 9, 2016 – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today is announcing new members from across the industry, a formal open governance structure and technical updates to the new...

JPMorgan Chase has begun a trial project using blockchain as it seeks to lead banking-industry efforts to cut the cost and hassle of trading. The move by JPMorgan, the biggest US bank by assets, is among the clearest statements yet of banks’ determination to explore the potential of blockchain, the computer network on which bitcoin sits. Read more >

Digital Asset Holdings, the blockchain startup run by former JPMorgan Chase & Co. banker Blythe Masters, raised $52 million from investors and won a contract to radically speed up settlement in Australia’s stock market. Read more >

Distributed ledger platform, Hyperledger, edges out the competition at this years' Innotribe Startup Finale at Sibos. Innotribe announces today that Hyperledger has won the 2015 Innotribe Startup Challenge, which includes a cash prize of USD 50,000. Hyperledger is a distributed ledger platform tailored for regulated financial institutions to eliminate reconciliation costs, prevent trade...

When Masters says the blockchain has the potential to transform financial transactions, people listen. Her history as a former managing director and derivatives innovator at JPMorgan guarantees that. Read more >

Pivit, an online and mobile gaming application founded by the creators of political betting site Intrade, has raised $5 million in its most recent funding round. What makes the deal stand out, however, is not how much the firm raised, but how it completed the deal. Read more >

The penthouse meeting room in Le Parker Meridien hotel in midtown Manhattan is humming with chatter on this June afternoon. About a hundred money managers are networking at the end of the day at a Sandler O’Neill & Partners investor conference as the green rectangle of Central Park stretches into the distance 42 floors below. With neckties loosened and icy drinks in hand, the attendees...

The next wave of financial innovation should tackle some of the stability challenges the financial sector faces, such as counterparty risk, according to industry heavyweight Blythe Masters. Speaking to Financial News, the former global head of commodities at JP Morgan, who was recently appointed as chief executive of blockchain start-up Digital Asset, said the technology behind...

The JPMorgan Chase veteran heads start-up Digital Asset Holdings, which aims to make trade settlements faster, cheaper and safer. Read more >

Rand Paul loves to present himself as a political pioneer. This week, however, the Kentucky senator and darling of the Tea Party is carving out new frontiers in finance. Announcing a 2016 presidential bid on Tuesday, he said he would collect donations via bitcoin. That makes him the first US presidential candidate to raise funds using the cryptocurrency. The move is likely to be wildly...

A prominent former executive at JPMorgan Chase has left the world of commodity trading for the virtual world of digital transactions. Read more >

Former senior JPMorgan Chase & Co. executive Blythe Masters is heading a cryptocurrency startup that aims to overhaul the way traded assets are settled and recorded. Read more >

Former J.P. Morgan Chase & Co. executive Blythe Masters has become one of the most high-profile Wall Street bankers to join the burgeoning digital-currency sector, taking on the leadership of a new platform for settling trades in bitcoin and other digital assets. Ms. Masters, best known for helping pioneer the credit-derivatives markets in the 1990s, has agreed to become the chief...

Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of a cryptocurrency start-up. Read more >