Digital Asset is an enterprise blockchain technology company founded in 2014 by Sunil Hirani and Don Wilson, with Blythe Masters (former JPMorgan executive) joining as CEO in 2015 and leading the company through its early growth phase. The company develops distributed ledger technology and smart contract tools for financial institutions, focusing on improving the efficiency, security, and speed of financial market infrastructure.
Digital Asset's core technology is Daml (Digital Asset Modeling Language), an open-source smart contract language designed for building multi-party applications on distributed ledgers. Daml allows developers to write business logic that can run on multiple blockchain and database platforms, including VMware Blockchain, Hyperledger Fabric, and the Canton Network. The Canton Network, launched by Digital Asset, is a privacy-enabled blockchain network designed specifically for institutional finance, allowing synchronized workflows across organizations while maintaining data confidentiality.
Digital Asset has partnered with major financial market infrastructure providers, including the Australian Securities Exchange (ASX), the Hong Kong Exchange (HKEX), and the Depository Trust and Clearing Corporation (DTCC). The company has raised significant venture capital from investors including Goldman Sachs, JPMorgan, Citigroup, and Deutsche Boerse.
Key Products
- Daml — Open-source smart contract language for multi-party applications
- Canton Network — Privacy-enabled blockchain for institutional finance
- Enterprise Solutions — Post-trade processing, settlement, and tokenization tools
Venture Capital Rounds
Digital Asset Holdings: $50.0 million - Undisclosed
| Financial Services
Description: Blockchain technology company founded by Blythe Masters, a former executive at JPMorgan Chase.
Investors: ABN AMRO, Accenture, ASX Limited, BNP Paribas, Broadridge Financial Solutions, Citi, CME Ventures, Deutsche Börse Group, ICAP, J.P. Morgan, Santander InnoVentures, The Depository Trust & Clearing Corporation (DTCC), and The PNC Financial Services Group Inc.
Headquartered: New York
Country: United States