In early 2016 Digital Asset raised more than $60 million from large financial institutions including Goldman Sachs Group (GS, +1.03%) , J.P. Morgan Chase & Co (JPM, +1.08%) , CME Group, Deutsche Boerse and Citigroup (C, +0.69%) . Digital Asset’s clients include Australian stock exchange ASX, also an investor, and the Depository Trust & Clearing Corporation. The ASX is assessing whether to use Digital Asset’s technology to replace its clearing and settlement system, which would constitute one of the most ambitious blockchain projects yet. It is set to make a decision in December.

http://fortune.com/2017/10/16/blockchain-startup-digital-asset-funding/