DigitalX Limited - June 2024 Quarterly Report

DigitalX Limited (ASX: DCC) shared its achievements for the quarter ended on 30 June 2024, including the Appendix 4C cash flow report.

• DigitalX Bitcoin ETF: The company's dedicated efforts to launch the Bitcoin ETF are ongoing, and it is committed to providing further updates in the outlook section after the reporting period.
• Capital Raising: With the proceeds from recent raises, it has bolstered its position by acquiring additional units in the DigitalX Fund and kick-starting the DigitalX Asset Reference Token Fund.
• Fund Performance: The company is proud to share that Preqin ranked the DigitalX Bitcoin Fund and the DigitalX Digital Asset Fund as the 2nd and 5th top-performing APAC-based cryptocurrency hedge funds in Q1 2024. Furthermore, independent research house SQM Research recognized the DigitalX Bitcoin Fund as the best-performing fund over a 1-year and 3-year annualized period.
• Revenue Execution: The company is delighted to report that Sell My Shares continues demonstrating strong revenue growth, with quarterly brokerage revenue reaching AU$ 706,000, a 2.3% increase from the previous quarter.

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