Australian crypto asset management company DigitalX completes approximately $13.50 million in financing, with participation from Animoca Brands and others.

According to The Block, Australian crypto asset management company DigitalX has completed a financing of approximately $13.50 million, with participation from Animoca Brands, UTXO Management, and others. Approximately $12.90 million will be used to expand its Bitcoin holdings, and the remaining funds will be used for operating costs and working capital. At the same time, Animoca Brands Executive Chairman Yat Siu and Web3 consultant Hervé Larren have joined DigitalX's newly established advisory board. [Foresight News]