3 weeks ago
Bitcoin (BTC) task Roxom Global is gathering a BTC-denominated securities speech and a 24/7 media web dedicated wholly to bitcoin.
Roxom has raised $7.9 cardinal successful concern for its speech from Draper Associates, Borderless Capital, ego decease and Kingsway Capital and $10 cardinal successful a backstage backing circular for RoxomTV, according to an announcement shared with CoinDesk connected Thursday.
It is gathering a bitcoin-denominated speech with futures, spot markets and synthetic instruments priced and settled successful BTC. Roxom aims to "bring Bitcoin standards to planetary finance," CEO Borja Martel Seward said successful the announcement.
The speech is focused connected Latin America, Europe and parts of Asia and the Middle East, and is not yet disposable successful the U.S.
Following the exemplary of Strategy (MSTR) and Metaplanet (3350), RoxomTV is going to beryllium a media network, backed by a 100% bitcoin treasury. It presently holds 84.72 BTC, of which 52.65 were acquired utilizing superior from the backing circular astatine an mean terms of astir $76,300 per coin.
The institution has plans to adhd a acquisition a further 30 BTC successful the coming weeks, which would springiness it a bitcoin treasury worthy implicit $12.7 cardinal based connected the existent terms of $111,000.
RoxomTV is broadcast connected X and streaming platforms Rumble, Twitch, Kick and Dlive, with plans to grow to Linkedin Live, Facebook Live, TikTok and Instagram.
It presently broadcasts from San Francisco and London and volition found a 3rd hub successful Hong Kong successful Q3, Roxom said successful Thursday's announcement.
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