DigitalX Secures A$20.7M Investment to Double Down on Bitcoin Strategy

In Brief:

Australian firm DigitalX raised A$20.7M (US$13.48M) from investors including Animoca, ParaFi, and UTXO.

The funds will be used to expand the company’s Bitcoin reserves under a “Bitcoin-first” strategy.

Australian crypto asset manager DigitalX has raised A$20.7 million (roughly US$13.48 million) in strategic funding from major institutional investors such as Animoca Brands, UTXO Management, and ParaFi Capital. The company confirmed the raise on July 8 as part of its plan to expand its Bitcoin holdings and solidify its Bitcoin-first investment thesis.

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This injection of capital will push DigitalX’s total assets to over A$95 million, reflecting growing institutional confidence in the firm’s direction. The new funds will be deployed primarily to increase Bitcoin exposure, aligning with the company’s broader strategy to prioritize BTC as the foundation of its asset management approach.

As part of the deal, two prominent industry figures — Yat Siu (co-founder of Animoca Brands) and Hervé Larren — will join the DigitalX advisory committee, offering strategic insight as the firm scales its Bitcoin-focused initiatives.

The announcement comes amid renewed interest in institutional Bitcoin accumulation and highlights Australia’s growing role in the Asia-Pacific digital asset ecosystem.

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