DigitalX Secures Over $13M From Animoca, UTXO, and Others to Expand BTC Holdings
Crypto asset manager DigitalX (DCC) has locked in 20.7 million australian dollar ($13.5 million) from heavyweight crypto investors to deepen its focus on bitcoin
.
The placement attracted funding from Animoca Brands, UTXO Management and ParaFi Capital, alongside individual contributions from executives in the crypto space. One of those participants is Simon Gerovich, President and CEO of Japan-listed Metaplanet, who invested in a personal capacity.
Metaplanet (3350) is currently the fifth-largest publicly traded bitcoin treasury company, with 15,555 BTC on its balance sheet.
DigitalX plans to funnel nearly 19.7 million australian dollar ($12.9 million) from the raise directly into boosting its bitcoin treasury, building on a stash that…
