Roxom Global Secures $17.9 Million to Launch BTC Exchange and Media Network
Roxom Global is developing a Bitcoin-denominated securities exchange and a media network, RoxomTV, focused on Bitcoin.
- Raised $7.9 million for the exchange from investors including Draper Associates and Borderless Capital.
- Secured $10 million in private funding for RoxomTV.
- The exchange offers futures, spot markets, and synthetic instruments priced in BTC.
- Target markets include Latin America, Europe, parts of Asia, and the Middle East; not available in the U.S.
- RoxomTV operates with a 100% Bitcoin treasury, currently holding 84.72 BTC.
- Plans to acquire an additional 30 BTC, potentially increasing its treasury to over $12.7 million based on current prices.
- Broadcasts on platforms like X, Rumble, Twitch, Kick, and Dlive, with expansion plans for additional platforms.
- Current broadcasting hubs are in San Francisco and London, with a third planned for Hong Kong in Q3.