# Digital Asset

> Digital Asset is a New York fintech that spent a decade building the plumbing for tokenized finance. Its open-source language Daml and its privacy-first Canton Network let banks and exchanges move real assets on-chain without exposing their trades to competitors. The customer list reads like a roll call of Wall Street: DTCC, Goldman Sachs, Deutsche Boerse, BNY, Nasdaq. In 2026, a16z crypto led a $355 million raise valuing the company at roughly $2 billion.

- **Founded:** 2014
- **Headquarters:** New York, United States
- **Founders:** Yuval Rooz (Co-Founder & CEO), Eric Saraniecki (Co-Founder & Head of Network Strategy), Shaul Kfir (Co-Founder & Head of Strategic Initiatives), Don R. Wilson (Co-Founder (DRW founder)), Sunil Hirani (Co-Founder)
- **Team size:** ~290 employees
- **Products:** Daml, Canton Network, Daml Enterprise, Canton Coin, DA Registry / tokenization tooling
- **Notable:** Created Daml, an open-source smart-contract language adopted across capital-markets infrastructure, Launched the Canton Network with 30+ major financial institutions, Canton Network supported the issuance of roughly $6 trillion in tokenized assets

## Products & services

- **Daml** — An open-source smart-contract language purpose-built for multi-party financial applications; open-sourced in 2019 and used to model rights and obligations between counterparties.
- **Canton Network** — A public, privacy-enabled Layer-1 blockchain for institutional finance where participants share only the data required to settle a transaction; mainnet launched 2023-2024.
- **Daml Enterprise** — Commercial platform for building and running Daml applications with global connectivity, synchronization and enterprise support.
- **Canton Coin** — The native utility asset used to pay for and coordinate activity across the Canton Network.
- **DA Registry / tokenization tooling** — Infrastructure for issuing, servicing and settling tokenized real-world assets across the network lifecycle.

## Achievements

- Created Daml, an open-source smart-contract language adopted across capital-markets infrastructure
- Launched the Canton Network with 30+ major financial institutions
- Canton Network supported the issuance of roughly $6 trillion in tokenized assets
- DTCC selected Canton Network to tokenize DTC-custodied U.S. Treasuries in 2025
- Raised $355M in 2026 led by a16z crypto at a ~$2B valuation
- Won industry recognition for digital-asset initiatives multiple years running

## Latest updates

- **2026-05** — Raised $355M in a round led by a16z crypto at roughly a $2 billion valuation to scale the Canton Network.
- **2025-12** — DTCC selected the Canton Network to tokenize DTC-custodied U.S. Treasury securities; added $50M strategic investment from BNY, Nasdaq, S&P Global and iCapital.
- **2025-06** — Raised $135M led by DRW and Tradeweb to accelerate Canton Network adoption.

## Links

- Website: https://digitalasset.com
- LinkedIn: https://www.linkedin.com/company/digitalassetcom
- Twitter/X: https://twitter.com/digitalasset
- GitHub: https://github.com/digital-asset
- YouTube: https://www.youtube.com/c/DigitalAsset

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Profile page: https://yespress.io/digital-asset
Published by YesPress — https://yespress.io
Last updated: 2026-08-14