Goldman Sachs recently announced that the bank’s new Digital Asset Platform, GS DAPTM, is live– one year into their engagement of Digital Asset.

GS DAPTM is developed on top of Digital Asset’s Daml smart contract language and Canton, its privacy-enabled blockchain. Daml-based tokenization platforms, such as GS DAPTM, capture the full complexity of rights, obligations, and cash flows throughout the lifecycles of assets. They can also make the digital representation and workflow accessible and fully automatable across distributed interconnected ecosystems of participants. Additionally, Digital Asset ensures that data is only shared with entitled stakeholders with its privacy protocols while supporting the scalability necessary to connect assets globally.

According to a statement from the European Investment Bank (EIB) in November, the inaugural issuance on GS DAPTM – a 100-million-euro, two-year digital bond – also marked the first fully digitally native bond with same day settlement and also the first syndicated digital bond issued by a public institution to be admitted on the Luxembourg Stock Exchange’s Securities Official List.

Goldman Sachs is one of a number of Digital Asset clients that have gone into production with Daml-based DLT solutions.

Digital Asset is a software company that modernizes legacy financial systems with Daml, smart contract language, and Canton, our privacy-enabled blockchain platform. Together, this platform powers cutting-edge smart contracts and blockchain solutions, helping customers unlock new networks of value with sophisticated applications. Leading financial services, insurance, and healthcare organizations are partnering with Digital Asset to create new, multi-party solutions that transform disparate silos into synchronized networks.