DigitalX Limited  ("DigitalX", "the Company") is pleased to announce that it has secured firm commitments to raise approximately $20.7 million via a strategic placement to global digital asset investors Animoca Brands, UTXO Management, and ParaFi Capital (the "Strategic Investors"), among other investors.

This capital raise marks a pivotal moment for the Company, reflecting a renewed emphasis on Bitcoin as the ongoing foundation of DigitalX's digital asset strategy and signaling strong institutional endorsement from leaders in the global digital asset ecosystem. Investors in the placement also included CEOs of top publicly listed global Bitcoin companies as well as executives and founders of major crypto investment funds. Notable participants also include Simon Gerovich, the President and CEO of Tokyo Stock Exchange-listed Metaplanet Inc., who invested in a personal capacity.

DigitalX's strategy execution will be bolstered by the intended addition to the Advisory board of digital asset industry veterans Yat Siu and Hervé Larren.

Yat Siu is the co-founder and executive chairman of Animoca Brands, a global Web3 leader and investor. He is a veteran technology entrepreneur who has been at the forefront of consumer blockchain adoption, championing digital property rights for all Internet users. Under his leadership, Animoca Brands has grown into a multibillion-dollar enterprise with over 570 Web3-focused portfolio companies, and recently established a joint venture with Standard Chartered Bank and HKT with the intention to issue a licensed stablecoin. Yat has been internationally recognised for his contributions to the blockchain industry and is also a member of the Web3 task force advising the Hong Kong government on digital assets.

Hervé Larren is the CEO and founder of Airvey.io, a leading US-based Web3 advisory firm. Since discovering Bitcoin in 2013, he has helped guide over 20 projects to a combined market capitalisation exceeding $15 billion. Prior to his career in digital assets, Hervé worked at LVMH. He is a graduate of Columbia and Harvard and a member of YPO.