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DigitalX Limited ( (AU:DCC) ) has provided an announcement.
DigitalX Limited has announced the closing date for its Rights Issue, allowing eligible shareholders to subscribe to new shares, which will end on January 24, 2025. The funds raised from this initiative, alongside a previous placement, will be allocated primarily to expanding digital asset staking and validation services, enhancing working capital, and covering expenses related to the offer. This move is expected to bolster DigitalX’s operations in the blockchain industry, potentially enhancing its market position and providing opportunities for stakeholders to benefit from the growing digital economy.
More about DigitalX Limited
DigitalX Limited is a technology and investment company that focuses on expanding the blockchain economy through its digital asset funds management, digital fintech and regtech products, and blockchain ventures. The company offers blockchain technology applications for business and enterprise organizations and provides low-cost traditional asset management products for investors interested in digital assets like Bitcoin. DigitalX is also commercializing its regtech solution, Drawbridge, to help companies manage compliance and corporate governance.
YTD Price Performance: 3.33%
Average Trading Volume: 45,069
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $39.02M
See more data about DCC stock on TipRanks’ Stock Analysis page.
