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ARMONK, N.Y. - IBM (NYSE:IBM), the $287 billion market cap IT services giant currently trading near its 52-week high at $307.46, announced Monday the launch of IBM Digital Asset Haven, a platform designed for financial institutions, governments, and corporations to manage digital assets across multiple blockchains. According to InvestingPro data, IBM’s stock is currently trading above its Fair Value, reflecting strong investor confidence in the company’s digital transformation initiatives.
Developed in collaboration with Dfns, a digital wallet infrastructure provider, the platform integrates IBM’s security infrastructure with Dfns’ custody capabilities. According to the press release, Dfns has created 15 million wallets for over 250 clients. This expansion aligns with IBM’s robust financial performance, with the company generating $64.04 billion in revenue over the last twelve months and maintaining a healthy gross profit margin of 57.57%.
The platform supports transaction management across more than 40 public and private blockchains, offering governance frameworks and multi-party authorization workflows. It includes pre-integrated services for identity verification, financial crime prevention, and yield generation.
Security features incorporate IBM’s Multi-Party Computation and Hardware Security Module-based signing using IBM Crypto Express 8S HSMs embedded in IBM Z and LinuxONE systems. The platform also integrates IBM Offline Signing Orchestrator for cold storage operations required by regulators in various jurisdictions.
"With IBM Digital Asset Haven, our clients have the opportunity to enter and expand into the digital asset space backed by IBM’s level of security and reliability," said Tom McPherson, General Manager, IBM Z and LinuxONE, in the company statement.
Clarisse Hagège, CEO of Dfns, stated that the platform "goes beyond custody to orchestrate the full digital asset ecosystem."
IBM Digital Asset Haven is expected to be available via SaaS in Q4 2025 and Hybrid SaaS leveraging LinuxONE and/or IBM Z in Q4 2025, with on-premises availability planned for Q2 2026.
The announcement comes as financial institutions seek secure solutions to participate in the growing tokenized assets and stablecoin markets while meeting regulatory requirements. For investors seeking deeper insights into IBM’s market position and growth potential, InvestingPro offers comprehensive analysis including 11 additional ProTips and detailed financial metrics in its Pro Research Report, available exclusively to subscribers.
In other recent news, IBM reported a 7% year-over-year revenue growth and a 16% increase in earnings per share, primarily driven by strong performance in its mainframe and consulting segments. Bernstein reiterated its Market Perform rating for IBM, describing the company’s third-quarter results as a "lukewarm beat" on revenue, earnings per share, and free cash flow. Stifel, despite lowering its price target to $295, maintained a Buy rating due to IBM’s quarterly performance, which included a modest increase to its 2025 guidance. RBC Capital also adjusted its price target to $300, expressing concerns about Red Hat’s performance deceleration while maintaining an Outperform rating. BMO Capital raised its price target to $305, citing better Software growth and a return to growth in the Consulting segment, along with solid margins and free cash flow. Additionally, IBM announced a significant milestone in quantum computing by successfully running a key algorithm on standard AMD chips. This development marks a step forward in making quantum computers commercially viable. These recent developments reflect IBM’s ongoing strategic maneuvers in various sectors.
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