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,...

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...

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...

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...

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...

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...

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...

Digital transformation continues to speed up the pace of business. Yet asset-based transactions continue to run on slow, sequential settlement processes that are fraught with high costs and high risks. Smart contracts — digital records that encapsulate terms and mutualize workflows — offer an alternative. January 12 The typical financial transaction uses a delivery versus payment (DVP)...