DigitalX Makes Power Move: $13.54M Funding Injection to Supercharge Bitcoin Treasury Strategy
Another day, another crypto fund stuffing its vault with digital gold—but this one's playing chess while others play checkers.
DigitalX just secured $13.54 million in fresh capital, and they're not wasting time on altcoin gambles. The asset manager's doubling down on Bitcoin, proving institutional demand hasn't faded even after 17 years of 'this time it's different' from traditional finance.
Why it matters: While Wall Street still debates Bitcoin's viability, crypto-native firms are building the infrastructure for the next financial system—one that doesn't need 2008-style bailouts.
The cynical take: Watch legacy banks scramble to launch their own BTC ETFs now that real players are hoarding the actual asset. Guess custody isn't so scary when you see the fees flowing to BlackRock.
Yat Siu on DigitalX Move: ‘Bitcoin is the Reserve Asset of Web3’
DigitalX has also announced additions to its Advisory board. Specifically, Yat Siu and Hervé Larren have joined the board.
Siu is the co-founder and executive chairman of, a major metaverse and gaming venture capital firm. He’s a member of the Web3 task force advising the Hong Kong government on digital assets. Animoca Brands has recorded over 570 Web3-focused portfolio companies. It also established a joint venture withto issue a licensed stablecoin.
Meanwhile, Larren is the CEO and founder of, a US-based Web3 advisory firm. He previously worked at. Since then, he has worked on more than 20 projects with a combined market cap exceeding $15 billion, the announcement says.
Moreover, UTXO Management is able to nominate one non-executive Director.
Great to support @DigitalXLtd (ASC:DCC) in their mission to bring $BTC and digital assets down under. Australia has always been a special place to us and @animocabrands legacy. Great to partner up with @UTXOmgmt @paraficapital @gerovich and others! https://t.co/fhPIMakal1
— Yat Siu (@ysiu) July 8, 2025DigitalX Non-Executive Chairman Leigh Travers commented that “it’s clear there’s very strong demand for a singular and focused digital asset treasury strategy centered on Bitcoin and listed on the ASX.”
Also, Yat Siu added that “Bitcoin is the reserve asset of Web3 – digital gold.”
He continued: “We are excited to expand broader access to Bitcoin in Australia with DigitalX to help empower communities with the tools for digital ownership and financial sovereignty. The partnerships with global heavyweights such as UTXO, ParaFi, and others make DigitalX the premier vehicle for Bitcoin access in Australia.”
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