According to online reports, Bitcoin project Roxom Global has completed US$17.9 million in financing to build a bitcoin-denominated securities trading platform and an all-weather media network RoxomTV. This round of financing is led by Draper Associates, Borderless Capital and other institutions, of which US$7.9 million will be used for exchange development and US$10 million will be used for media business. The project currently holds 84.72 BTC (worth approximately US$8.53 million) and plans to increase its holdings by 30 in the near future, bringing the total value of Bitcoin reserves to exceed US$12.7 million (based on the current US$111,000/BTC). RoxomTV has been launched on X, Rumble and other platforms, and will establish a new operation center in Hong Kong in the third quarter.