Crypto Asset Management Firm DigitalX Raises AUD 20.7 Million to Increase Bitcoin Holdings
Australian crypto asset management firm DigitalX has secured a strategic investment of AUD 20.7 million (approximately USD 13.48 million) from institutional investors including Animoca Brands, UTXO Management, and ParaFi Capital. The funds will be used to expand DigitalX’s Bitcoin reserves, further strengthening the company’s “Bitcoin-first” strategy. Upon completion of the transaction, DigitalX’s total assets will exceed AUD 95 million. As part of this financing round, Yat Siu and Hervé Larren will join the company’s advisory board.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The number of transactions on the Linea mainnet has surpassed 1.3 million.
Data: 32.93 BTC transferred out from a certain exchange, worth approximately $2.4556 million
MON plummets, causing multiple whales to be fully liquidated with losses exceeding one million dollars
Trending news
MoreCrypto prices
More
