Goldman Sachs and IBM Join Investment in Digital Asset Holdings
- DAH has raised $60 million in total with the two new backers
- IBM and Digital Asset already open-source blockchain partners
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Goldman Sachs Group Inc. and IBM are the latest firms to invest in Digital Asset Holdings, the startup led by former JPMorgan Chase & Co. banker Blythe Masters that aims to adapt blockchain technology to financial markets.
The new venture had already raised $52 million from firms including JPMorgan, Accenture Plc, Depository Trust & Clearing Corp. and Citigroup Inc. Last month, it won a contract to radically speed up settlement for Australia’s stock market on behalf of ASX Ltd., another investor.