Animoca’s Yat Siu Joins DigitalX Board After A$20.7M Investment Deal

Animoca Brands is deepening its footprint in Australia’s crypto landscape with a bold strategic move. The Web3 powerhouse has invested in DigitalX, a leading Australian digital asset manager. Its co-founder, Yat Siu, is set to join DigitalX’s newly planned Strategic Advisory Board. The announcement follows a A$20.7 million capital raise by DigitalX, in which Animoca served as sole advisor and participant.

The deal brings together two major players in the digital asset space. DigitalX is the only ASX-listed crypto fund manager and operator of the DigitalX Bitcoin ETF (ASX: BTXX), Australia’s first ASX-listed spot Bitcoin ETF. The capital raise saw participation from high-profile crypto investors, including UTXO Management and ParaFi Capital.

Animoca’s Strategic Push

Animoca didn’t just throw money into the ring; it orchestrated the entire raise. As sole advisor, Animoca sourced DigitalX as a candidate, matched it with strategic investors, and oversaw the placement process. The goal? Helping DigitalX execute a bold Bitcoin treasury strategy that mirrors Animoca’s pro-crypto vision.

This isn’t just another investment; it’s a bridge between the decentralized promise of Web3 and traditional financial markets. And Animoca wants to be in the driver’s seat. “Bitcoin is the digital gold and reserve asset of the decentralized era,” said Yat Siu in a statement. “By combining our Web3 expertise with DigitalX’s local market strength, we’re laying the groundwork for broader Bitcoin and crypto adoption in Australia.”

DigitalX’s Rising Role

Founded nearly a decade ago, DigitalX is one of Australia’s longest-standing digital asset firms. Beyond ETFs, it focuses on blockchain innovation to unlock new investment pathways. The recent capital injection gives DigitalX the fuel it needs to ramp up its crypto strategy, particularly its Bitcoin treasury initiative.

With Yat Siu stepping in to offer guidance on crypto and Web3 trends. DigitalX stands to benefit from Animoca’s global reach and deep experience in token-driven business models. The connection runs deeper than one board seat. Leigh Travers, DigitalX’s non-executive chair, is also part of the Animoca orbit, making this more of a strategic alignment than a casual collaboration.

Why It Matters for the Industry

This isn’t just about buying Bitcoin or filling a boardroom. Animoca’s involvement signals a growing trend: Web3 companies are no longer content operating at the edges. They’re moving into regulated finance with intent. For DigitalX, being the only ASX-listed crypto fund manager gives it a unique edge in bringing digital assets into mainstream portfolios.

It also sends a message to the broader market, crypto-native firms aren’t just building for themselves anymore. They’re partnering with traditional players, and in some cases, becoming them.

What’s Next?

Now armed with fresh capital and a heavyweight crypto voice in its corner. DigitalX is likely to speed up its push into treasury Bitcoin strategies and broader Web3 opportunities. For Animoca, it’s a chance to help shape how digital assets fit into Australia’s regulatory framework. They expand their influence in a market that’s just starting to warm up to crypto.

If this plays out as planned, the partnership could become a model for how traditional finance and Web3 don’t just coexist, but collaborate. This move isn’t just about governance, it’s about building a bridge to what comes next in global finance.