Reducing Settlement Latency and Counterparty Risk

Digital Asset brings 21st century technology to existing financial infrastructure. We develop technology that aids efficiency, transparency, compliance and settlement speed using cryptographic, distributed ledgers.

Ecosystem

Communication Layer

Pre-trade and trade execution

Digital Institutions

Digital
Exchanges
Wallet
Providers
Payment
Processors

Financial Institutions

Custodians
Banks and Dealers
CCPs
Exchanges

Transaction Layer

Translates communications into encrypted transactions

Digital Asset Software Adapters

Settlement Layer

Digital Asset uses a variety of shared, replicated distributed ledgers

Distributed Infrastructure

Public Ledger
e.g. Blockchain
Private Ledger
e.g. Hyperledger

Legacy Infrastructure

Fedwire
DTCC
UCC
CSDs

Products

  • Syndicated Loans
  • US Treasury Repo
  • Securities Settlement
  • Other Use Cases

CORPORATE SYNDICATED LOANS

Existing manual and paper-intensive processes lead to lengthy and unpredictable settlement times that average in excess of 20 days.

OUR SOLUTION

Tokenization of title to complex loan agreements and subsequent secondary provisions managed on a shared, replicated ledger. Consistently shorter settlement times will lead to a healthier market with reduced costs, counterparty risk and balance sheet exposure.

US TREASURY REPO

Since the financial crisis, US repo market volumes and liquidity have significantly declined. Liquidity rules are forcing banks to reduce their participation in the repo business. Central clearing of US repo needs to be developed.

OUR SOLUTION

Digitize, authorize, record, net and settle transactions in bilateral, tri-party and cleared repo. Operational and optimal netting will lead to increased liquidity, less balance sheet exposure and reduced intraday and counterparty risk.

SECURITIES SETTLEMENT

Existing infrastructure means that regulatory transparency requirements cannot be met unless cost efficiencies are sacrificed. This means that ultimate beneficial owner is often opaque.

OUR SOLUTION

Facilitate cryptographic cap tables of all accounts for every participant in the intermediary chain so regulators can have full visibility into the system. Regulators can ensure that if assets are held via an intermediary, those assets can be recovered immediately and returned to end beneficiaries.

INTEGRATED SOLUTIONS

Digital Asset is working with major financial firms to identify existing problems within different markets. We build proof of concepts that offer iterative, integrated solutions for each use case.

OUR SOLUTION

Digital Asset is exploring the potential of distributed ledger technology for different use cases including fx, payments, public stock, derivatives, transaction reporting, factoring, bonds and digital currencies.

Team

Blythe Masters

CEO

Sunil Hirani

Co-Founder & Board
Member

Donald Wilson

Co-Founder & Board
Member

Contact Us