DigitalX bucks bear market, expands global foothold

Tessa DempsterJanuary 31, 2019
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Despite a bear market, Australian blockchain advisory DigitalX has remained bullish and expanded its global foothold with ventures in the Americas and Europe.

The blockchain advisory swiftly responded to a slowing ICO market in 2018, reshaping its offering towards Security Token Offerings (STO).

The company launched DX Americas with US Investment Bank AmerX to service this market within the United States.

It has ramped up efforts in asset management across South America and Europe, increasing its network of potential investors to accompany the Australian arm of the company.

DigitalX also partnered with Blockchain Global to open the world’s ninth blockchain centre in Perth, Western Australia.

Blockchain Centre Perth was among a number of centres opened across the world over the last quarter, including the launch of the New York Blockchain Centre in January.

The Centre has been established to provide a place for startups and corporates in the fintech and blockchain industry to connect and collaborate.

DigitalX is working towards a token listing platform which is expected to launch by mid 2019.

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