Digital Asset Board Chairman to Be Acting CEO Digital Asset, a provider of distributed ledger technology (DLT), reports that Blythe Masters, the company’s CEO since 2015, will step down, for unspecified personal reasons. AG Gangadhar, who joined the company’s board of directors in April of this year, has been named board chairman and will serve… Read More >>
Firms Are Moving Fast to Public Clouds: Survey
Much has been made about how financial services firms have heartily embraced private cloud computing but it appears that they are now ready to put their money where their mouth is as far as public clouds, according to the results of a survey conducted by Thomson Reuters. The Thomson Reuters global survey of senior IT… Read More >>
Goldman Sachs, IBM Give Their Blessings to Digital Assets
Startup Digital Asset Holdings has hit a milestone amid the frenzy for Blockchain funding as the pioneer of distributed ledger technology for financial services firms reports that it has the financial endorsement of IT giant IBM and Wall Street powerhouse, the Goldman Sachs Group, Inc., raising the total for its recent funding round to more… Read More >>
Digital Asset Lands A-List Backers and $50M in Funding
Digital Asset Holdings, LLC, a New York City-based developer of distributed-ledger technology for the financial services industry, reports that it has “raised more than $50 million in funding” from several prominent financial industry players. The company’s new investors are: ABN AMRO, Accenture, ASX Ltd., BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse… Read More >>
Blockchain Startup Digital Asset Hires Conde and Church
Blockchain technology startup Digital Asset Holdings has hired industry veterans Cristóbal Conde, the former head of SunGard, and Chris Church, a North American executive for the SWIFT cooperative, underscoring the disruptive distributed ledger technology’s ability to bring together old and new school technologies and practices. The Blockchain ledger underpins the Bitcoin cryptocurrency by keeping track… Read More >>
How Bitcoin’s ‘Blockchain’ Could Shake Up Ops
Swiss bank UBS recently established a FinTech innovation lab that will primarily focus on investigating the applications of cryptocurrency Bitcoin’s underlying technology to the financial services industry. The move is the latest step in what industry observers see as the clear-eyed and widespread acknowledgement by large financial services firms of the technology’s disruptive potential, particularly… Read More >>
