DigitalX completes $20.7 million strategic funding, led by Animoca Brands and others.

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Techub News reports that the Crypto Assets management company DigitalX has announced the completion of a $20.7 million strategic financing round, led by institutions such as Animoca Brands, UTXO Management, and ParaFi Capital. Individual investors include Simon Gerovich, President and CEO of Metaplanet Inc. The funds raised will be used to expand DigitalX's existing Bitcoin reserve positions. Additionally, DigitalX plans to establish a strategic advisory board, with members including Animoca Brands Executive Chairman Yat Siu and BTC Inc. advisor Hervé Larren.

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