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DigitalX Limited ( (AU:DCC) ) just unveiled an update.
DigitalX Limited has responded to inquiries from ASX Enforcement regarding its staking activities with Solana Strategies Inc. The company clarified that no directors or key management personnel have interests in Solana Strategies, and it expects a 7-9% yield from staking Solana (SOL) based on current market data. DigitalX has chosen to engage exclusively with OrangeFin, a Sol Strategy-owned validator, due to its superior performance, lower fees, and higher staking rewards compared to other validators. This exclusive arrangement also allows DigitalX to share in block rewards, enhancing its yield potential.
More about DigitalX Limited
DigitalX Limited operates in the digital asset industry, focusing on blockchain technology and cryptocurrency services. The company engages in digital asset management and advisory services, with a market focus on leveraging blockchain technology for financial solutions.
Average Trading Volume: 7,478,539
Technical Sentiment Signal: Buy
Current Market Cap: A$129.8M
Find detailed analytics on DCC stock on TipRanks’ Stock Analysis page.