PANews reported on June 16 that the Australian Stock Exchange (ASX) announced on June 13 that it would sell all of its shares in blockchain developer Digital Asset Holdings for approximately US$57 million. The transaction will be reflected in ASX's 2025 financial report and is expected to bring in approximately US$42 million in pre-tax profit (compared to book value) and approximately US$10 million in pre-tax profit (compared to the initial acquisition cost). The proceeds will be included in the asset revaluation reserve.

ASX acquired an 8.5% stake in Digital Asset in 2016 when it was replacing its aging CHESS clearing and settlement system with blockchain technology. However, the project was cancelled in November 2022 after Digital Asset and VMware failed to meet key targets, resulting in a loss of $250 million for the ASX.

Currently, Tata Consulting Services is advancing the new CHESS replacement project. At the same time, the Australian Securities and Investments Commission (ASIC) is suing the ASX for misleading statements, claiming that it did not truthfully reflect the progress of the blockchain project.