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July 8, 2025 – DigitalX (ASX: DCC), a pioneering ASX-listed fund manager at the forefront of digital asset investment and next-generation financial infrastructure, today announced the successful completion of a strategic capital raise totaling A$20.7 million (approximately US$13.5 million). This landmark investment, backed by prominent crypto investors including Animoca Brands, UTXO Management, and ParaFi Capital, alongside CEOs of publicly listed firms such as Metaplanet CEO Simon Gerovich, is predominantly earmarked for the substantial expansion of DigitalX’s Bitcoin treasury.
This significant capital raise marks a pivotal moment for DigitalX, reinforcing its strategic emphasis on Bitcoin as the foundational asset of its digital asset strategy. Approximately US$12.9 million of the newly secured capital will be directly allocated to increasing the company’s Bitcoin holdings, with the remaining funds covering the costs of the offer and providing essential working capital. This move reflects a "renewed emphasis on bitcoin as the ongoing foundation of DigitalX's digital asset strategy," as stated by the company.
"This strategic placement underscores the profound confidence our esteemed investors have in DigitalX’s forward-thinking vision and our focused approach to digital asset management, particularly our unwavering conviction in Bitcoin's long-term value," stated a DigitalX spokesperson. "As the digital asset landscape continues its rapid evolution and maturation, strategically expanding our Bitcoin treasury aligns perfectly with our commitment to providing robust, secure, and strategic exposure to this transformative asset. We are now exceptionally well-positioned to leverage this capital to further solidify our leadership in the dynamic digital asset space."
The placement saw shares priced at A$0.074 (US$0.048) each, demonstrating attractive terms for the strategic investors. Additionally, each investor received one warrant for every two shares subscribed, exercisable at A$0.15 (US$0.10) per share and expiring 18 months from its issue date, providing further long-term alignment.
Further strengthening its strategic direction, industry connections, and expertise, DigitalX is proud to announce the addition of two highly respected figures to its advisory board: Yat Siu, Co-founder of the globally renowned Animoca Brands, and Hervé Larren, CEO of Airvey.io. Their extensive experience, profound insights into the Web3 ecosystem, and deep understanding of the broader digital asset industry will be invaluable as DigitalX continues to innovate, expand its offerings, and navigate the complexities of the evolving market.
This strategic move by DigitalX reflects a rapidly accelerating global trend among corporations to adopt robust crypto corporate treasury strategies. This trend has gained significant momentum following the demonstrated successes of early adopters such as Michael Saylor’s MicroStrategy and, more recently, Metaplanet, which have showcased the potential for digital assets to serve as a strategic component of corporate balance sheets. The increasing mainstream acceptance and positive advocacy for crypto, including from influential figures like U.S. President Donald Trump, further bolster this movement, highlighting the strategic importance and growing legitimacy of digital assets in modern financial portfolios.
As an ASX-listed fund manager, DigitalX (ASX: DCC) is uniquely positioned in the Australian market, being the only ASX-listed company that holds Bitcoin as a core treasury asset and is an investor in both of its DigitalX Funds. The company provides institutional-grade access to digital assets for wholesale investors through its managed investment schemes, implementing best-in-class technology and qualified custodians to ensure secure and compliant investment solutions. DigitalX also successfully launched its DigitalX Bitcoin ETF (ASX: BTXX) in July 2024, providing retail investors with a low-cost, flexible, and regulated way to gain exposure to Bitcoin in Australian dollars.
Beyond its core fund management activities, DigitalX is a recognized pioneer in blockchain innovation. The company is actively developing Decentralized Finance (DeFi) products and investing in cutting-edge technologies that are quietly reshaping the world. A testament to its innovative spirit is the successful scaling and launch of Drawbridge, a share-trading RegTech platform built using emerging distributed ledger market infrastructure.
DigitalX remains steadfast in its commitment to transparency and investor protection. The company explicitly states that it does not operate a cryptocurrency exchange, and any such website using DigitalX credentials is a scam that should be reported to local regulatory authorities. DigitalX also advises caution against fraudulent employment offers via online mediums, urging individuals to validate authenticity before providing personal details.
With this substantial capital infusion, the strategic expansion of its Bitcoin treasury, and the invaluable addition of new advisory board members, DigitalX is exceptionally well-positioned to accelerate its growth, enhance its product offerings, and continue building ahead of the next paradigm shift in financial technology and the broader digital economy.
About DigitalX
DigitalX (ASX: DCC) is an ASX-listed fund manager and technology company focused on alternative assets and the next generation of computing and financial infrastructure. With a vision to provide institutional-grade access to digital assets, DigitalX offers managed investment schemes for wholesale investors and the DigitalX Bitcoin ETF (ASX: BTXX) for retail investors. As the only ASX-listed company holding Bitcoin as a core treasury asset, DigitalX is at the forefront of blockchain innovation, developing DeFi products and pioneering RegTech solutions like Drawbridge.
Compiled by CMO Intern team
