Digital Asset, Developer of DAML Multi-Party App Platform, Secures Over $120M via Series D from 7RIDGE, Eldrdige
Digital Asset, the developers of the
Daml multi-party application platform, revealed on Wednesday (April 21, 2021) that they have secured more than $120 million in capital through a Series D funding round from
7RIDGE and
Crowdfund Insider:
“Leading organizations across the world rely on Daml to transform disparate data silos into synchronized networks, eradicating latency and errors by guaranteeing consistent data. Digital Asset’s customer base includes organizations across financial services, healthcare and insurance, such as the Australian Securities Exchange, BNP Paribas, Broadridge, Change Healthcare, and Hong Kong Exchanges and Clearing.”
Digital Asset Raises $120M in Growth Funding finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.
Date
04/02/2021
Digital Asset, the creators of the open source smart contract language called Daml, today announced the company experienced strong 2020 momentum, including strong user community growth, customer and partner expansion, and technology advancements. The milestones reflect the rising demand for Daml as more businesses worldwide realize the cost- and time-saving benefits of creating interoperable applications that can run across any traditional database or distributed ledger technology like blockchain.
Daml is an open source smart contract language used by developers to write and deploy full-stack, distributed applications for DLT, blockchain, or databases in days. It is purpose-built to support multiparty business workflows in any industry with widespread adoption in finance CBInsights, ranked Daml as one of the 10 most popular Distributed Ledger Technology (DLT ) networks to build capital markets infrastructure services and growing interest in healthcare, sup