Post-trade infrastructure for digital asset servicing
Registrar functions, corporate action processing, and asset safekeeping — modernized for digital securities.
What DACS replaces
Traditional infrastructure
Transfer agent, registrar, paying agent, custodian — four separate systems with manual reconciliation, T+2 settlement delays, and paper-based processes.
Each intermediary maintains its own ledger. Discrepancies require bilateral reconciliation. Corporate actions involve manual instruction chains across multiple parties.
With DACS
One integrated platform. An immutable register replaces fragmented ledgers. Automated rules enforce transfers. Custody engine safeguards assets. Settlement is T+0 and simultaneous. Full audit trail built in.
A single source of truth eliminates reconciliation. Corporate actions execute automatically against recorded positions. Every operation is recorded with full provenance.
Core functions
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Register Management
Immutable record of who owns what. Position snapshots at any point in time. Real-time cap table.
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Corporate Action Processing
Automated dividend distributions, coupon payments, stock splits, and voting. Snapshot-based entitlement calculation with batch payout.
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Asset Safekeeping
Institutional-grade custody with tiered security — from software encryption to hardware isolation to multi-party authorization. Participants never manage keys.
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Settlement Services
Delivery versus payment with pre-settlement validation. Simultaneous settlement eliminates counterparty risk.