tiprankstipranks
Trending News
More News >

DigitalX Expands Solana Holdings to Boost Revenue Through Staking

Story Highlights
DigitalX Expands Solana Holdings to Boost Revenue Through Staking

Confident Investing Starts Here:

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

DigitalX Limited has announced its continued accumulation of Solana tokens as part of its digital asset treasury strategy. By acquiring 18,944 SOL, the company aims to generate additional revenue through staking, reflecting a strategic shift towards active blockchain participation and yield optimization. This move is expected to enhance DigitalX’s recurring revenues and support its goal of achieving profitability while participating in high-growth blockchain ecosystems.

More about DigitalX Limited

DigitalX Ltd (ASX:DCC) is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. The company has a long-standing presence in the digital asset industry, with a focus on digital asset management and delivering strong investment returns. DigitalX manages Australia’s first ASX-listed spot Bitcoin ETF and implements institutional-grade custody and insurance, working with reputable partners. Their primary clients include domestic individual wholesale investors and family offices.

Average Trading Volume: 3,647,034

Technical Sentiment Signal: Hold

Current Market Cap: A$65M

See more insights into DCC stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App