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DigitalX, Australia’s only ASX-listed crypto fund manager, has secured A$20.7 million (US$13.5 million) to bolster its Bitcoin holdings and form a new advisory board. Backed by Animoca Brands and other key investors, the move signals growing institutional interest in Bitcoin as a strategic asset.
- DigitalX raised A$20.7M (US$13.5M) to expand Bitcoin holdings, with $12.8M earmarked for BTC purchases.
- Animoca Brands' Yat Siu joined DigitalX's advisory board, calling Bitcoin the 'original onboarder' to digital assets.
- Siu views Bitcoin as a hedge and gateway to broader crypto adoption, but warns against balance-sheet trends driven solely by hype.
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