
What to Know:
- Roxom is launching a BTC-denominated stock exchange.
- The exchange is set to go live in September, with early access waitlist available.
- This exchange will facilitate BTC-based trading of shares from firms like Strategy and Metaplanet that hold considerable amounts of Bitcoin.
Roxom’s initiative aims to embody the principles outlined in the Bitcoin whitepaper — serving as a global, permissionless asset store.
Roxom aims to provide users an avenue to invest in Bitcoin through treasury companies without needing to convert Bitcoin or deal with brokerage complexities. Earlier, it secured $17.9 million in funding from investors such as Draper Associates and Kingsway Capital, starting its own treasury with 84.72 BTC valued at approximately $9.9 million. Plans are in place to enhance this treasury to around $13.5 million by acquiring more BTC.
Additionally, Roxom is establishing a 24/7 media network focused exclusively on Bitcoin.