The smart contract language developer, which has some 15 earlier corporate investors, has received funding from Eldridge and 7Ridge.

Digital Asset, a US-based blockchain software tool developer backed by a number of corporate investors, raised $120m yesterday in a series D round that included investment firm Eldridge and asset manager 7Ridge. Founded in 2014, Digital Asset has created an open-source smart contract language called Daml that enables users to develop distributed applications for distributed…

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