Bitcoin (BTC) Project Roxom Global builds a stock exchange made up of BTC and a 24/7 media network entirely dedicated to Bitcoin.
Roxom raised $7.9 million in $10 million in its private funding round, in exchange for Draper Associates, Borderless Capital, Ego Death and Kingsway Capital, according to a jointly shared announcement on Thursday.
The building was priced at BTC and was subject to a Bitcoin construction exchange with settled futures, spot markets and synthetic instruments. Roxom aims to “bring Bitcoin standards to global finance,” CEO Borja Martel Seward said in the announcement.
Exchange focuses on parts of Latin America, Europe, Asia and the Middle East, and is not yet available in the US
Following the Strategy Model (MSTR) and Metaplanet (3350), RoxOMTV will become a media network backed by the 100% Bitcoin Ministry of Finance. It currently holds 84.72 BTC, of which 52.65 were acquired at around $76,300 at an average price per coin, using capital from the funding round.
The company plans to add another 30 BTC over the next few weeks. This will earn you more than $12.7 million Bitcoin Treasury based on the current price of $111,000.
RoxomTV is broadcast on X and streaming platforms Rumble, Twitch, Kick and Dlive, and plans to expand to LinkedIn Live, Facebook Live, Tiktok and Instagram.
It is currently airing from San Francisco and London and is set to establish a third hub in Hong Kong in the third quarter, Roxom said in an announcement Thursday.