Australian company DigitalX has successfully raised AUD 20.7 million (equivalent to $13.5 million) in investments to expand its Bitcoin portfolio. This marks one of the largest funding rounds for cryptocurrency companies in Australia in 2025.
This is reported by Business • Media
Investor Composition and Deal Details
This funding round included leading venture capital firms such as Animoca Brands, UTXO Management, and ParaFi Capital. Additionally, among the investors was Simon Gerovich, CEO of Metaplanet, the largest public holder of Bitcoin in Asia. The round was conducted through the offering of common shares of DigitalX at a price of AUD 0.074 per unit, which represents a significant discount to the current market value.
Furthermore, investors received one warrant for every two shares purchased, with an exercise price of AUD 0.15.
Market Reaction and Strategic Moves by DigitalX
Following the announcement of the new funding, DigitalX shares, traded on the Australian Securities Exchange under the ticker DCC, rose by more than 34%. This indicates strong investor interest and confidence in the company’s strategy in the digital asset market.
DigitalX remains the only company in Australia managing cryptocurrency exchange-traded funds, including the DigitalX Bitcoin ETF (BTXX). The majority of the invested funds, approximately $12.5 million, will be directed towards increasing the Bitcoin portfolio, while the remainder will be allocated to infrastructure development and covering operational expenses.
The company also announced the expansion of its global advisory board, which will include Yat Siu, founder of Animoca Brands, and Herve Larren, co-founder of Global Crypto Ventures.
“As for DCC, it made particular sense because in Australia you can invest through your superannuation funds (think of it as the equivalent of a 401k) in ASX-listed companies, and it’s a great way to gain access to the most well-known class of digital assets—Bitcoin.”
DigitalX continues to strengthen its position in the cryptocurrency market by attracting leading investors and expanding its expert team.