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DigitalX Completes Successful Capital Raising Through Rights Issue Shortfall

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DigitalX Completes Successful Capital Raising Through Rights Issue Shortfall

DigitalX Limited ( (AU:DCC) ) has provided an announcement.

DigitalX Limited has successfully completed the placement of all shortfall shares from its recent rights issue, raising approximately $5.09 million. The funds have been strategically deployed to boost revenues through staking activities with Solana, further strengthening the company’s position in the digital asset market.

More about DigitalX Limited

DigitalX Ltd is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. The company has over 10 years of experience in digital asset markets and manages Australia’s first ASX-listed spot Bitcoin ETF and an actively managed crypto fund. DigitalX primarily serves domestic individual wholesale investors and family offices, utilizing blockchain technologies to enhance value through staking and institutional-grade custody services.

YTD Price Performance: 26.67%

Average Trading Volume: 57,776

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $38.93M

Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.

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