Digital Cash

Unlock value across connected capital markets by bringing cash on chain for atomic DvP

Digital cash holds the key to on-chain atomic delivery vs. payment (DvP). Whether with CBDC, demand deposits, stablecoins, or other forms of cash-like instruments, digital cash unlocks the full potential of seamless end-to-end capital markets. The ability to connect multiple payment options and provide choice to market participants is critical to driving value across financial markets.

Asset tokenization with
connectivity and control

Secure, atomic, programmable payments

Digital Asset provides the leading platform to create and connect tokenized cash to interoperable capital markets solutions. From tokenized issuance through custody, clearing, settlement, collateralization and financing, the full range of post-trade solutions can be linked to tokenized regulated liabilities such as demand deposits, CBDC, stablecoins, or other cash-like settlement options.

Bring cash on-chain to enable instant exchange of value that accelerates every post-trade process. Fully unlock the potential of next generation financial markets, freeing financial resources and capital to improve the bottom line for providers and investors.

Discover Daml

Create network utility with on-chain cash and make settlement optionality and atomic DvP a reality

Connect digital cash to the network rapidly emerging as the home for regulated, tokenized assets. Daml enables the tokenization of cash and regulated liabilities, to bring private or public money on-chain, enabling the instant exchange of assets for cash on an interoperable infrastructure.

Synchronized data means always-accurate ledgers
Strict privacy and controls over data access/visibility
Real-time payment and atomic DVP across independently run, permissioned blockchains
Composable with trading, margin, financing, fund or bond registries and other applications using a standardized Daml Finance model
Cash locking assures transaction completion, with decentralized synchronization services providing additional safeguards

Speak with an expert

Explore how our customers are using Daml

Digital cash and CBDC initiatives select Daml and Canton

Digital Asset technology has been employed in the development of the Regulated Liabilities Network, an interoperable network exploring digital central bank liabilities and commercial bank money. Daml was used in US and UK RLN pilots. Daml has also been chosen to explore CBDC efforts in the US and other jurisdictions, exploring the creation of fiat currencies that support domestic and cross-border payment flows.

Broadridge Distributed Ledger Repo (DLR)

Tokenizing regulated assets to handle more than $1.5T+ in monthly repo volumes

Primary dealers are agreeing, executing and settling repo transactions with full transparency on DLR, making the $10T systemically important market safer and more efficient. Real time data and synchronized and mutualized workflows are minimizing reconciliations and manual processes, while the ability to immobilize underlying securities and transfer ownership via smart contracts is reducing settlement times, overcollateralization and capital requirements. Broadridge recently announced that JPM Coin will be used to provide on-chain cash. DLR participants include DRW, Société Générale, and UBS.

Horacio Barakat Head of Digital Innovation, Capital Markets, Broadridge

A fully automated end-to-end repo service supports the simultaneous settlement of cash and securities, removing risk from the process and significantly decreasing capital costs.

Transform your business

Want to learn how Digital Asset can transform your business? One of our specialists will be in touch to give you a firsthand look at what Daml can do.

Digital cash