Yat Siu of Animoca Brands to Join DigitalX’s Strategic Advisory Board
The post Yat Siu of Animoca Brands to Join DigitalX’s Strategic Advisory Board appeared on BitcoinEthereumNews.com.
Lawrence Jengar
Jul 07, 2025 20:31
Yat Siu, co-founder of Animoca Brands, is set to join DigitalX’s Strategic Advisory Board following a strategic investment, enhancing collaboration in the digital asset sector.
Animoca Brands Strengthens Ties with DigitalX Yat Siu, the co-founder and executive chairman of Animoca Brands, has been announced as a new member of the planned Strategic Advisory Board of DigitalX. This development follows a significant strategic investment by Animoca Brands in DigitalX, an Australian digital investment manager, according to [Animoca Brands](https://www.animocabrands.com/animoca-brands-yat-siu-to-join-planned-strategic-advisory-board-of-digitalx). Strategic Investment and Advisory Role The A$20.7 million investment into DigitalX was facilitated by Animoca Brands alongside other notable investors such as UTXO Management and ParaFi Capital. The funds are intended to support DigitalX’s Bitcoin treasury strategy, enhancing its position as the only ASX-listed crypto fund manager in Australia. In his new role, Yat Siu will provide strategic advice, particularly focusing on business trends within the Web3 and cryptocurrency sectors. His involvement is expected to bring valuable insights and guidance to DigitalX, leveraging his extensive experience in digital property rights and blockchain technology. DigitalX’s Market Position DigitalX, renowned for being Australia’s longest-standing publicly listed digital asset company, has been at the forefront of blockchain innovation. It manages the DigitalX Bitcoin ETF (ASX: BTXX), Australia’s first ASX-listed spot Bitcoin exchange-traded fund, and utilizes blockchain technologies to deliver value to its investors. The strategic placement aims to solidify DigitalX’s market presence and enable the execution of its Bitcoin treasury strategy. Animoca Brands’ advisory role in this transaction underscores its dedication to bridging traditional finance with the burgeoning potential of Bitcoin. Comments from Yat Siu Expressing his enthusiasm, Yat Siu stated, “I’m excited to join DigitalX’s Strategic Advisory Board. We believe Bitcoin is the digital gold and reserve asset of the decentralized…
Filed under: News - @ July 9, 2025 12:28 am