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Australia’s Digitalx Launches Crypto Investment Fund

Australian blockchain and digital advisory company DigitalX Ltd. has launched a new investment fund called DigitalX Investments, which will focus its investments primarily on major cryptocurrencies such as bitcoin and ether.

The cryptocurrency investment fund will also allow diversification into regulated Initial Coin Offerings (ICOs), crypto derivatives, fiat money, and managed investment schemes.

“We believe cryptocurrencies are under-researched by mainstream asset managers and there is an opportunity to leverage our expertise in Blockchain technology and crypto-asset investment to create value for our clients,” said Leigh Travers, Managing Director of DigitalX.

The new fund is created with $750,000 of DigitalX’s existing Bitcoin and Ethereum holdings. DigitalX will hold a 73 percent interest.

DigitalX is a Blockchain technology consultancy company providing ICO advisory services, Blockchain consulting services, and Blockchain related software development services.

DigitalX has partnered with digital media provider Multiplier to educate new investors from around the world about the opportunities and risks of crypto-assets.

It will create two websites, Multipliercrypto.com and Coin.org, which will have small educational video tutorials about cryptocurrencies and ICOs as well as a resource for updated regulatory information.

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