The blockchain startup led by Blythe Masters has acquired a Zurich-based software company and unveiled an alternative programming language to smart contracts, which it believes is better suited to financial services.

Elevence Digital Finance is the fourth acquisition by Digital Asset Holdings, which was founded in 2014 and sells distributed ledger-based technology to capital markets firms. In June 2015 it bought blockchain startup competitors Hyperledger and Bits of Proof, and in October acquired Blockstack.