Today Digital Asset, the company behind the DAML smart contract language, announced a partnership with digital asset exchange firm Exberry. Digital Asset provides a post trade settlement registry which can be combined with Israeli startup Exberry’s exchange technology and matching engine to create an end-to-end solution. Digital Asset also contributes a lot of credibility to the partnership with its experience developing the Australian Securites Exchange’s (ASX) post trade settlement platform, CHESS, which uses blockchain and DAML.
Numerous digital asset exchanges are being launched, and the combined technologies claim to provide a cloud based technology platform in a matter of days, bar the really tricky bit: getting regulatory approval.
With Digital Asset’s background, one might immediately think the solution is for equities, bonds or derivatives, but the platform aims to provide for any tokenized digital asset whether it’s for real estate, in-game assets, artwork or something else.
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