A publicly listed firm, DigitalX has found a new way of making people aware of the cryptocurrencies- a crypto investment fund! Yes, DigitalX, a software solutions company based in Australia, is all set to launch its new cryptocurrency fund which will focus on all the leading cryptocurrencies.
Leigh Travers, managing director of this firm is of the opinion that cryptocurrencies are far from having been researched to the fullest. Therefore there is a clear opportunity for creating value for customers through crypto investment funds!
DigitalX has invested $750,000 from its Ethereum and Bitcoin coffers to create this investment fund. Being an investment advisor, it will hold around 73% of the total stake. It experienced an increase of 27% in its share price at Australian Securities Exchange (ASX) as soon as they announced the launch of this unique investment fund. This increase in the share price is reflective of investor confidence in their decision.
Apart from the new investment fund, DigitalX is entering the crypto education sector as well. It wants to educate the Australians about the immense potential of cryptocurrencies and therefore has partnered with digital media provider, Multiplier. Together, they will be launching two brand new websites – namely Coin.org and Multipliercrypto.com – where people can learn about the cryptocurrencies and the technology backing them. To enhance the learning experience, mini video tutorials delivered by industry experts will be published on the website.
We hope that not only the investment fund but also the educational websites turn out to be a boon for all the investors- whether old or new to the market!
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