Crypto asset management company DigitalX has raised A$20.7 million to increase its holdings in Bitcoin "
Australia crypto asset management company DigitalX has received a strategic investment of A$20.7 million (approximately US$13.48 million) from institutional investors such as Animoca Brands, UTXO Management and ParaFi Capital. The funds will be used to expand DigitalX's bitcoin reserves and further strengthen the company's "bitcoin first" strategy. Upon completion of the transaction, DigitalX's total assets will exceed A$95 million. As part of this financing, Yat Siu and Hervé Larren will join the company's advisory committee.
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