Roxom Global Secures $17.9 Million for Bitcoin-Based Venture and Media Network
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Roxom Global Secures $17.9 Million for Bitcoin-Based Venture and Media Network

RoxomTV, enhanced by a complete bitcoin treasury, aims to revolutionize media while holding a significant BTC reserve.

Roxom Global is establishing a bitcoin-focused securities exchange and a continuous media network committed to bitcoin. The project recently secured $7.9 million in investments for its exchange from notable firms including Draper Associates and Kingsway Capital, alongside $10 million for RoxomTV, as announced on Thursday.

Key Points:

  • Roxom Global aims to introduce a bitcoin-denominated securities exchange with various trading options, including futures and synthetic assets.
  • The initiative aims to promote bitcoin’s role in global finance, as outlined by CEO Borja Martel Seward.
  • The company is focusing on markets in Latin America, Europe, and selected areas in Asia and the Middle East, but does not currently operate in the U.S.

RoxomTV, modeled similarly to other bitcoin-holding media operations, intends to be fully backed by bitcoin, holding 84.72 BTC, with future plans to acquire an additional 30 BTC, significantly increasing its treasury’s value. Currently broadcasting from places like San Francisco and London, it plans to expand its reach to Hong Kong and additional live-streaming platforms soon.

RoxomTV

RoxomTV’s Growth Plans:

  • Currently operates on platforms like X, Rumble, Twitch, and Dlive.
  • Future expansions include LinkedIn Live, Facebook Live, TikTok, and Instagram.

Roxom is committed to carving out a space in the cryptocurrency landscape with its innovative projects backed entirely by bitcoin.

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