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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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The encryption asset management company DigitalX has raised 20.7 million AUD to increase its holdings of Bitcoin.
On July 8, Australian encryption asset management company 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. These funds will be used to expand DigitalX's Bitcoin reserves and further strengthen the company's "Bitcoin-first" strategy. After the transaction is completed, DigitalX's total assets will exceed AUD 95 million. As part of this financing, Yat Siu and Hervé Larren will join the company's advisory board.