Deep Tide TechFlow News, on July 8, according to Decrypt, Australian crypto asset management company DigitalX has completed a financing of 20.7 million AUD (approximately 13.5 million USD) to expand its Bitcoin holdings. Investors participating in this round of financing include Animoca Brands, UTXO Management, and ParaFi Capital.
DigitalX stated that approximately 12.8 million USD will be used to purchase Bitcoin, while the remaining funds will be used for operating costs and working capital. Meanwhile, Animoca Brands executive chairman Yat Siu and Web3 advisor Hervé Larren have joined DigitalX's newly established advisory committee.
