|DRW Holdings LLC|
|Headquarters||Headquartered in Chicago; offices in Austin, Houston, London, Montreal, New York and Singapore|
|Key People||Don Wilson, Founder and CEO|
|Products||Pit Trading, Risk Management, Technology, Real Estate, Venture Capital|
DRW is a proprietary trading firm that trades financial instruments in the U.S. and internationally, including fixed income, energy, agricultural and equity index futures and options. Much of the firm's trading is done on centrally cleared exchanges such as CME Group, Intercontinental Exchange, Eurex, Cboe and others.
The Digital Asset Project
Digital Asset was founded in 2014 out of a bitcoin trading operation created by and operated through, a little-known subsidiary known as Cumberland Mining & Materials. About 12 of DRW's 800 employees in 2017 were involved in trading cryptocurrencies, which the Financial Times said was leading the charge into the markets.
The company, which uses blockchain (a type of distributed ledger) technology to facilitate settlement between digital and traditional currencies, is attempting to build a database to speed up the process of trading, clearing and settlement of financial transactions. In April 2015, Digital Asset hired former JPMorgan Global Commodities Chief Blythe Masters as CEO.
Cumberland went on to take a central role as one of the top market makers in the bitcoin market, trading more than $20 billion worth of bitcoin, Ethereum and other cryptocurrencies in 2017, according to DRW. 
- Start-Up With Bitcoin in Its DNA Stumbles on Fund-Raising Trail. New York Times.
- DRW leads high frequency trading charge into cryptocurrencies. Financial Times.
- Swaps Pioneer Blythe Masters to Lead Virtual Currency Startup. Bloomberg.
- Bitcoin's Trading Star s Chicago High-Speed Firm That Nods to the Grateful Dead. The Wall Street Journal.