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Digitalx secures over $20 million through strategic placement to expand its Bitcoin strategy

Digitalx secures over $20 million through strategic placement to expand its Bitcoin strategy

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    ASX is on the market Digitalx Limited Announced it has secured a corporate commitment of approximately $20.7 million to strategic placement such as global digital asset investors Animoca brand, UTXO Management and Parafi Capital.

    This capital raising marks a critical moment digitalxreflecting the re-emphasis on Bitcoin, which is the ongoing foundation of the company’s digital asset strategy and provides strong institutional recognition to global leaders in digital asset ecosystems. Investors in the position also include CEOs, executives of top listed global Bitcoin companies and founders of major crypto investment funds. Notable participants also include Simon Gerovich, president and CEO of Tokyo Stock Exchange-listed Metaplanet Inc., who invested in his personal capacity.

    digitalxStrategy execution will be an expected ADION to the advisory board of digital asset industry veterans Yat Siu and Hervé Larren.

    Yat Siu is co-founder and executive chairman of Animoca Brands, a global leader in Web3 and investor. SIU is an experienced tech entrepreneur who is at the forefront of adopting consumer blockchains, providing digitally supported property rights to all Internet users. Under his leadership, Animoca Brands has formed a multi-billion dollar enterprise with more than 570 Web3-focused portfolio companies and recently established a joint venture with standard Chartered Bank and HKT to issue licensed Stablin. SIU, you are internationally collected for your contribution to the blockchain industry and are also a member of the Web3 Task Force, a working group that aims to adjust the digital assets of the Hong Kong government.

    Hervé Larren is the CEO and founder of Airvey.io and is the leading Web3 consulting firm in the United States.

    Since the discovery of Bitcoin in 2013, he has helped guide more than 20 projects to reach a total market capitalization of more than $15 billion. Prior to his career in digital assets, Larren worked at LVMH.

    The role of the advisory board will be to provide ongoing strategic advice that focuses on Bitcoin and ensures access to investor and non-bond funds while also enhancing Digitalx Digitalx maintains strong ties with the global digital asset community.

    Demetrios Christou, CEO of Digitalx Interim commented: “This strategic investment marks an important milestone for Digitalx as we continue to focus on Bitcoin as the core of our treasury strategy, holding shares, but also providing valuable strategic expertise and access to the network.

    Leigh Travers, non-executive chairman of Digitalx, added: “I am pleased to announce that after fighting with major global crypto stock investors and our current major shareholders, it is clear that there is a different need for Bitcoin-centric and centralized digital asset strategies and has listed advisors on ASX to enhance our advisors in local and global markets and efforts in the local market.

    Yat Siu, co-founder and executive chairman of Animou Brands, said: “Bitcoin is a reserve asset for Web3-Digital Gold. We are excited to expand access to Bitcoin with Digitalx in Australia to help communities gain digital ownership and financial sovereignty, and have partnered with heavy businesses around the world, including UTXO.

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