Association for Digital Asset Markets

The Association for Digital Asset Markets (“ADAM”) is a private, non-profit, membership-based association of firms operating in the digital asset markets. ADAM considers itself a “self-governing association.” In mid-2018, a group of firms socialized the idea of forming an industry group to promote more ethical conduct and professionalism with respect to their engagement in the digital assets industry. Those firms, most of which had participated in “traditional” equities and commodities markets in the US, believed that by organizing together and leading by example, they could create a roadmap on how best to apply existing laws and regulations to activities in digital assets and, importantly, how to adopt additional standards of conduct and best practices in areas of regulatory uncertainty in order to boost digital asset market integrity. ADAM’s ten founding members began work on mission and goals, and formed Association for Digital Asset Markets, Inc. on October 24, 2018 as a non-profit under IRC Section 501(C)(6).