DCC: Bitcoin and digital asset exposure - June 2023

DIGITALX LIMITED

• The DigitalX Bitcoin Fund and the DigitalX Fund returned 7.4% and 0.6% respectively for June 2023, outperforming the S&P Cryptocurrency Top 10 Equal Weight Index, which declined by 7.3%. Bitcoin and Ethereum continue to have overweight positions in the DigitalX Fund.
• Bitcoin trading volumes surged, with significant inflows following the move by a number of institutions including BlackRock and ARK to file applications for spot Bitcoin ETFs with the US Securities and Exchange Commission.
• DigitalX management sold roughly 17% of their Bitcoin holdings in June 2023, when Bitcoin was trading near its 12-month high, as part of a strategic initiative to increase working capital, manage treasury assets and leverage investment opportunities.

2023-07-06 08:47:00

DCC: Launch of Digitalx Asset Reference Token Fund

DIGITALX LIMITED

• DigitalX has launched a new Australian-first fund, the DigitalX Asset Reference Token Fund, which provides exposure to real world assets such as property through digitised tokens.
• The fund's first investment pool, HxART, enables fractional co-ownership of Australian properties aiming to mitigate housing deposit affordability issues. It includes an initiative to help 1,000 eligible individuals or families into their own homes.
• The tokenisation of real world assets offers enhanced diversification, reduced fund administration and transaction costs, and introduces a significant evolution in funds management through enabling fractionalised and digitised ownership.

2023-06-30 08:33:00

DCC: Bitcoin and digital asset exposure - May 2023

DIGITALX LIMITED

• DigitalX Bitcoin Fund declined 4.5% and DigitalX Fund declined 1.8% for May, amid a 3.3% fall in the S&P Cryptocurrency Top 10 Equal Weight Index.
• Bitcoin miners experienced increased revenue due to rising popularity of BRC-20 tokens and NFTs on the network, resulting in record-breaking transaction volumes.
• European MiCA Regulation was officially legislated, and the proposed licensing framework in Hong Kong is expected to have positive long-term effects on digital assets.

2023-06-07 09:34:00

DCC: Bitcoin and digital asset exposure - April 2023

DIGITALX LIMITED

• DigitalX Bitcoin Fund increased 6.3% and the DigitalX Fund rose 4.4% in April 2023 while the S&P Cryptocurrency Top 10 Equal Weight Index increased 0.2%.
• Year to date, the DigitalX Bitcoin Fund is up 79.8%, the DigitalX Fund is up 53.5%, and the Index has risen 50.2%.
• Ethereum's Shanghai-Capella upgrade success in April contributed to its 8.1% price increase for the month.

2023-05-04 08:37:00

DCC: Bitcoin and digital asset exposure - March 2023

DIGITALX LIMITED

• DigitalX's Bitcoin Fund increased by 19.6% and DigitalX Fund rose by 11.4% in March 2023, outperforming the S&P Cryptocurrency Top 10 Equal Weight Index which increased by 1.5%.
• The strong performance was attributed to overweight holdings in Bitcoin and Ethereum, as well as repositioning the portfolio following the January sector downturn.
• Positive sentiment is returning to the sector, and the recent bank collapses are viewed as reminders of why Bitcoin was invented as a peer-to-peer electronic cash system.

2023-04-06 08:19:00

DCC: Bitcoin and digital asset exposure - February 2023

DIGITALX LIMITED

• DigitalX Funds increased 7.6% and 7.3% respectively over the month, outperforming the S&P Cryptocurrency Top 10 Equal Weight Index.
• Increased volatility in risk markets as investors second guessed interest rate hike cycles negatively impacted digital asset performance.
• Core themes for 2023 including real world asset tokenisation, decentralised data, digital identity and new financial infrastructure gaining momentum.

2023-03-08 09:28:00

DCC: DigitalX Commences RWAT Journey with Initial Partnership

DIGITALX LIMITED

• DigitalX and Bricklet have signed a binding partnership agreement.
• The partnership will combine their respective technologies to match equity capital providers with residential property buyers.
• A new "DigitalX Real World Asset Tokenisation Fund" will be launched to manage the tokenised, blockchain-supported equity investments in properties.

2023-02-20 09:02:00

DCC: Automic Referral Partnership Reaches Implementation Stage

DIGITALX LIMITED

• DigitalX announced a three-year partnership with Automic Group Limited on 25 November 2022.
• Shareholders of Automic's ASX-listed client companies will be able to access the Sell My Shares online brokerage service through the Automic investor portal.
• Cyber security penetration testing has been completed and is the next step for practical implementation.

2023-02-10 09:00:00

DCC: Bitcoin and digital asset exposure - January 2023

DIGITALX LIMITED

• The DigitalX Bitcoin Fund increased 31.4% over the month and the DigitalX Fund rose 23.0%, while the S&P Cryptocurrency Top 10 Equal Weight Index (“Index”) increased 43.1%.
• The positive price movement of digital assets in January was supported by a wider market rally in risk assets caused by a lower than expected inflation print in the US and an anticipated slowing pace of interest rate rises in 2023.
• The DigitalX Fund underperformed the Index this month due to its relatively defensive portfolio positioning through its lower exposure to higher volatility assets, cash holdings, and the appreciation of the Australian dollar.

2023-02-08 08:24:00

DCC: Bitcoin and digital asset exposure - December 2022

DIGITALX LIMITED

1. The DigitalX Bitcoin Fund declined 0.3% for the month and the DigitalX Fund fell 3.7%, while the S&P Cryptocurrency Top 10 Equal Weight Index (“Index”) declined 14.0%.
2. Over the quarter, the DigitalX Bitcoin Fund declined 18.8% and the DigitalX Fund fell 22.2%, while the Index declined 26.5%.
3. The active DigitalX Fund strategy outperformed the Index this month and quarter due to our relatively conservative portfolio composition.

2023-01-10 08:36:00