CHAIN-FINANCE is conducting an on-going survey on the use of blockchain or distributed ledger technologies in the financial services industry. The following directory highlights the companies, organizations and projects in the “Blockchain in Finance” ecosystem, the technology they have developed or provided, and the customers or partners that they are currently working with.
Digital AssetDigital Asset
Founded: July 2014
Founders: Don Wilson, Sunil Hirani, Yuval Rooz and Eric Saraniecki
Technology: Original Hyperledger code and more
Digital Asset Holdings builds distributed, encrypted ledger platforms utilizing technologies it has acquired since its founding. These companies include Hyperledger, Bits of Proof and Blockstack. Last year, the firm became a founding premier member of the Linux Foundation’s open source Hyperledger Project, to drive the adoption and standardization of Distributed Ledger Technology.
The company is led by CEO Blythe Masters, a famed JPMorgan economist and co-inventor of credit default swaps. Under Masters, the startup has raised more than $60 million from 15 industry leaders across the financial industry. These investors include ABN AMRO, Accenture, ASX Limited, BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse Group, Goldmand Sachs, IBM, ICAP, JPMorgan, Santander InnoVentures, The Depository Trust & Clearing Corporation (DTCC) and The PNC Financial Services Group, Inc.
On April 20th, 2016, Digital Asset announced the acquisition of Swiss tech firm Elevence for ability to develop modeling languages that are an alternative to smart contracts.
Digital Asset has also formed strategic relationships with Accenture, Broadridge and PwC. With the DTCC, the firm is developing a distributed ledger solution for repo clearing. In a partnership with the Australian Stock Exchange, Digital Asset is examining integration of the Australian markets with blockchain technology.
Articles concerning Digital Asset Holdings: