Two firms say they have developed an exchange infrastructure for businesses to launch traditional, alternative and digital asset markets around the world.

The infrastructure that results from a partnership between Exberry, an exchange technology developer, and Digital Asset, which provides open-source smart contract language, means any business developing a new digital asset marketplace can launch "in a matter of days" with a fully-compliant, end-to-end exchange platform and a "near risk-free" post-trade settlement registry.

They say demand for trading new types of financial instruments and assets is "exploding" and is a trend developing across markets including private placements, equity, debt, physical commodities, cryptocurrencies, sports wagering, art, talent, and collectable market models.

In Exberry and Digital Asset's case, Exberry’s technology provides a "matching engine power" to run the exchange, while Digital Asset’s registry functions include the tokenisation of assets, creation of users, and the settlement of trades in near real time.

Magnus Almqvist, head of exchange development at Exberry, said in a statement: "We will provide businesses with the flexibility to issue, trade, and settle any type of asset and asset pair, coupled with the added security to audit your exchange’s transactions with complete ledger immutability through the DABL interface.

“This is a one of a kind approach that allows clients to scale with ease from micro markets to large global installations and connect to a growing ecosystem of 3rd party APIs and services.”