DigitalX (ASX:DCC) announced financial results for the quarter ended 30 September 2022.
Team executing on refreshed strategy with immediate revenue focus: Delivered same-day settlement service (T+0) for Sell My Shares with first revenues achieved and Launched Australian-domiciled Ethereum validator node generating staking revenue.
Total volume of Sell My Shares transactions hit $100 million since acquisition in October 2021.
Digital Asset Fund returned +23.0% and the Bitcoin Fund returned +4.0% net of fees over the quarter.
Appointment of experienced finance executive Jeremy Balding as Head of Funds Management.
Pursued growth plans for Drawbridge securities trading approval app, showcasing the product at the Governance Institute national conference.
Release of maiden baseline ESG disclosure report comparing the Company?s measurements against World Economic Forum metrics.
Continued momentum with strategic partners including: Progressed work with the Digital Finance CRC on a use case for central bank digital currency with the Reserve Bank of Australia and Launched a proof of concept to tokenise units in a managed fund with the ASX on their Synfini Distributed Ledger Technology (DLT) platform.
Following the announcement the company?s share price rose 3.225%.