M&A Deal Summary

Digital Asset Holdings Acquires Bits of Proof

On June 25, 2015, Digital Asset Holdings acquired software company Bits of Proof

Acquisition Highlights
  • This is Digital Asset Holdings’ 1st transaction in the Software sector.
  • This is Digital Asset Holdings’ 1st transaction in Hungary.

M&A Deal Summary
Date 2015-06-25
Target Bits of Proof
Sector Software
Buyer(s) Digital Asset Holdings
Deal Type Add-on Acquisition

Target

Bits of Proof

Budapest, Hungary
Bits of Proof is a software company based in Budapest that has built and deployed an enterprise level server to integrate blockchain technology into financial applications.

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Buyer(S) 1

Buyer

Digital Asset Holdings

New York, New York, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Digital Asset Holdings develops technology that aids efficiency, transparency, compliance and settlement speed using cryptographic, distributed ledgers.

DEAL STATS #
Overall 2 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 4
Country (Hungary) 1 of 1
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-25 Hyperledger

San Francisco, California, United States

Hyperledger is a technology firm that developed a distributed ledger to allow banks and other financial institutions to clear and settle transactions in real-time.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-29 Blockstack

San Francisco, California, United States

Blockstack is a firm that offers a “blockchain-as-a-service” to enable financial institutions to develop applications on a private blockchain.

Buy -
Mergr

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