Blythe Masters' Digital Asset Holdings Acquires Hyperledger and Bits of Proof
In March, Bitcoin Magazine covered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive. Digital Asset Holdings uses distributed ledgers to track and settle both digital and mainstream financial assets in a cryptographically secure environment where counterparty risk....
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Digital Asset Holdings, the distributed ledger startup led by former JPMorgan executive Blythe Masters, has announced the acquisition of two blockchain startups: Hyperledger and Bits of Proof. Hyperledger, which specialized in permissioned ledgers with no native cryptocurrencies, will merge with the Digital Asset (DA) team. Hyperledger CEO Dan O'Prey will become DA's chief marketing officer while CTO Daniel Feichtinger will join the company's engineering team. In addition, DA has acquired bitcoin software startup Bits of Proof, a move that finds CEO and founder Támas Blummer joining as....
In yet another blockchain related investment, Blythe Masters' Digital Asset Holdings has announced the acquisition of Blockstack.io. Digital Asset has been on a blockchain-startups purchasing spree lately, with the Bits of Proof and Hyperledger acquired earlier in June this year. The New-York based company headed by CEO Blythe Masters has today, announced the purchase of another blockchain startup Blockstack. The deal was concluded for an undisclosed sum. Blockstack, based in San Francisco offers financial institutions the means to develop applications using APIs and SDKs on a private....
Digital Asset Holdings LLC, a blockchain technology group, recently acquired two startups: Hyperledger and Bits of Proof. These companies are focused on the blockchain itself, which is the public ledger of verified bitcoin transactions. Blockchain is considered the defining feature of bitcoin, as the ledger is updated through a vast network of computers solving complex algorithms to add a new block to the code. Entries in the blockchain are considered immutable and irreversible since it would take an overwhelming amount of effort to override all the computers that have verified and stored....
Blythe Masters, the Wall Street banker famous for being called "the woman who invented financial weapons of mass destruction" in regards to credit default swaps, a key misuse of which contributed greatly to the financial meltdown at the end of the last decade, has made yet another move in the cryptocurrency space. The firm she heads, Digital Asset Holdings, has acquired two start-ups in the space the firm aims to reign in: HyperLedger and Bits of Proof. HyperLedger may seem familiar, as it has made headline after headline. The "distributed asset ledger" company did not focus solely on....
Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of Digital Asset Holdings. The Digital Asset Holdings is a venue for buyers and sellers of financial assets to meet and transact, switching currencies into bitcoin in order to cut the cost and time of settlement and make use of the decentralised Blockchain. Blythe Masters sits on the Top of blockchain technology startup Digital Asset Holdings, where she became the CEO in March. She spent 27 years at JPMorgan Chase, where she held some leadership positions,....