Bitcoin project Roxom Global completes 17.90 million financing

Bitcoin project Roxom Global completed a $17.90 million financing for the construction of a bitcoin-denominated securities trading platform and an all-weather media network RoxomTV. This round of financing was led by Draper Associates, Borderless Capital and other institutions, of which $7.90 million will be used for exchange development and $10 million will be used for media business. The project currently holds 84.72 BTC (worth about 8.53 million US dollars), and plans to increase its holdings by 30 in the near future, bringing the total value of bitcoin reserves to more than 12.70 million US dollars (calculated at the current 111,000 US dollars/BTC). RoxomTV has gone LIVE on platforms such as X and Rumble, and will set up a new operation center in Hong Kong in the third quarter.