DigitalX, a cryptocurrency asset management company, has raised AUD 20.7 million to increase its holdings of Bitcoin

According to BlockBeats, on July 8th, Australian cryptocurrency asset management company DigitalX has received a strategic investment of AUD 20.7 million (approximately USD 13.48 million) from institutional investors such as Animoca Brands, UTXO Management, and ParaFi Capital. This funding 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 Herv é Larren will join the company's advisory committee.