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DIGITALX LIMITED — Capital/Financing Update 2024
Jul 8, 2024
64762_rns_2024-07-08_460dd1b3-b3b7-4550-aa7e-c3d0a4670e99.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT 9 JULY 2024 DIGITALX SPOT BITCOIN ETF TO BE QUOTED ON THE ASX
DigitalX Limited ( ASX�DCC, OTCQB�DGGXF ) (“ DigitalX ”, “ the Company ”) is pleased to announce the successful approval of its DigitalX spot Bitcoin ETF (“ ASX�BTXX ”) for quotation on the Australian Securities Exchange (“ ASX ”). The DigitalX spot Bitcoin ETF, when quoted, will be one of the first spot Bitcoin ETFs quoted on the ASX, and has been established by DigitalX in partnership with K2 Assessment Management (“ KAM ”) acting as the Responsible Entity and 3iQ, a global digital asset investment company.
The DigitalX Bitcoin ETF will operate under the ASX ticker BTXX, and provide a simple, liquid and regulated structure for investors to gain exposure to the emerging digital asset sector without the requirement to hold a digital wallet.
DigitalX is working with ASX-listed K2 Asset Management ( ASX�KAM ) ( K2 ) to act as the Responsible Entity and Issuer for the ETF, leveraging their many years of experience in operating ASX-listed ETFs, compliance systems and Australian financial services licence requirements.
DigitalX and 3iQ will work together to promote and distribute the ETF in Australia and internationally. 3iQ is a global leader in digital asset investment with a global track record of managing and distributing digital asset ETFs.
The ETF will be admitted to quotation and commence trading on Friday, 12 July 2024 at 10�00AM AEST.
Operating as Australia’s first and only ASX-listed digital asset fund manager for over 6 years, DigitalX is pleased to be amongst the first in the world to offer a spot Bitcoin ETF, following on from the introduction of Bitcoin ETFs in the US in early 2024.
DigitalX CEO, Lisa Wade said: “We are pleased to now be able to deliver and offer this spot Bitcoin ETF to the Australian market. This is a watershed moment for us as a business and for the Australian digital asset investment market. The DigitalX Bitcoin ETF is a spot ETF product that provides ASX customers with direct access to Bitcoin via a regulated and liquid fund structure.
“DigitalX has one of the longest track records in the world managing digital assets and we are excited to share our expertise with Australians to access Bitcoin in a secure way. Our
DigitalX Limited | ASX�DCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com | 1
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offering will enable Australians to invest in Bitcoin, without having to manage digital wallets, in a cost effective and secure manner.
“I would like to take this opportunity to thank the team at K2 and 3iQ, our strategic partners on this, who lent very valuable experience to navigate this success. Our purpose for offering this product remains the same - to offer Australians a safe, secure and affordable way to access Bitcoin exposure into their portfolios.”
DigitalX Chair, Toby Hicks said, “As we celebrate 10 years since the listing of DigitalX on the ASX, it is exciting to see the growth and development of the digital asset markets reflected in this approval for the DigitalX spot Bitcoin ETF to be quoted on the ASX. Over 10 years, DigitalX has grown alongside the digital asset markets, and we are ready to be leaders in the ongoing development of digital asset investments in a compliant, safe and secure manner. I would also like to extend my thanks to the team at K2 Asset Management for their tireless work in ensuring that this product can be delivered as it has.”
�ENDS�
Authorised by the Board of DigitalX Limited.
DigitalX Limited | ASX�DCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com | 2
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For further information, please contact:
Investor Enquiries DigitalX Limited Lisa Wade Chief Executive Officer
Media Enquiries
Third Hemisphere Jeremy Liddle Executive Director T��61 480 097 479 E�DigitalX�ThirdHemisphere.agency
About DigitalX Limited �ASX�DCC�
DigitalX is a technology and investment company focused on growing the blockchain economy through its digital asset funds management business, digital fintech and regtech products, and blockchain ventures.
DigitalX’s product team designs and develops blockchain technology applications for business and enterprise organisations.
Through its asset management division, DigitalX provides low-cost traditional asset management products for qualified investors looking to gain exposure to the growing alternative asset class of digital assets, including Bitcoin.
DigitalX is currently commercialising Drawbridge, the Company’s first regtech solution which is supporting listed companies to better manage their compliance and corporate governance policies. With Drawbridge, companies can manage employee and director share trading approvals in order to safeguard their reputations.
www.digitalx.com | www.opendrawbridge.io | www.sellmyshares.com.au
DigitalX Limited | ASX�DCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com | 3