More on digital money.

Goldman Sachs and IBM Join Investment in Digital Asset Holdings

Matthew Leising

Bloomberg | February 2, 2016

• DAH has raised $60 million in total with the two new backers
• IBM and Digital Asset already open-source blockchain partners

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.
The investments from Goldman and International Business Machines Corp. bring the total sum raised by the company to $60 million, according to a statement released on Tuesday. When the funding deal was initially announced in January, it valued Digital Asset at $100 million, according to people familiar with the matter.


http://www.bloomberg.com/news/articles/2016-02-02/goldman-sachs-and-ibm-join-investment-in-digital-asset-holdings