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.
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