Roxom currently accumulates 98.08 bitcoin (BTC).
The company has plans to acquire additional 30 BTC in the coming weeks.
Roxom Global, an Argentine project that seeks to launch the first stock exchange to operate with Bitcoin (BTC), advances with its objective of forming a 100 % backed treasury in the digital asset.
The firm announced that acquired 52.65 BTC using part of the capital obtained in its financing roundwhich began in July 2024 and was completed on May 22, at an average price of approximately $ 76,300 per unit. In the short term, the company Plan add another 30 BTC to your treasury. If completed, its reservation would exceed 12 million dollars, taking as a reference the current price of $ 111,000 per Bitcoin.
In this way, Roxom Global follows the steps of Strategy (formerly Microstrategy), the firm that Michael Saylor currently leads, which is recognized for its aggressive BTC accumulation strategy. To do this, Saylor designed a mechanism that consists of issuing debt through convertible bonds to increase their reserves without depending on their operational income. Currently, it is the company that quotes in the stock market with the largest amount of Bitcoin in its treasury, with a total of 582,250 BTC.
According to data from Bitcoin TreasuriesRoxom accumulates a total of 98.08 BTC in his treasury. In addition, according to your records, It is the second Argentine company to acquire Bitcoin to support its reservations. The first to do so was Mercado Libre in 2021, the Electronic Commerce store, which currently has a total of 570.4 BTC.
As Cryptonoticias has reported, the Roxom project is led by two Argentines: Borja Martel Seward, co -founder of Exchange Lemon – is not part of the company – and Nicholas Damico, former director of Technology (CTO) of Bitpatagonia, a company dedicated to cryptocurrency mining.
As for the financing round, Roxom explained that he raised a total of 17.9 million dollars, of which 7.9 million will be allocated to Roxom Exchange, their exchange platform, and 10 million to Roxom TV. Among investors are Draper Associates, Capital Borderless, Ego Death and Kingsway Capital.
With this capital injection, Roxom advances in the construction of the platform that promises to offer cash, futures and synthetic productsall called and liquidated in Bitcoin. In other words, companies listed in Roxom may distribute dividends or issue bonuses called BTC. “Acquire shares, raw materials and more in BTC. Buy and sell traditional assets quoted in Bitcoin. Without conversions. Without banking delays. Only Bitcoin Native Operations,” he stands out in his website.
In this regard, Martel Seward said that the objective of the platform is to “bring Bitcoin standards to global finances.” In that sense, he added: “All the coins of the world have their markets: the dollar has Wall Street and the English Libra, known as the City London. However, Bitcoin, a serious competitor to be the next base currency of the world for its neutrality and shortage, has not yet developed its own. That is why we create Roxom, a key project to accelerate the development of the Bitcoin economy.”
The website is operational but trading is not yet available, it can only be operated in a simulated environment. That is, it is a beta version so that the user in which the user can observe the BTC price of the United States market shares.
The platform will be available in Latin America, Europe, the Middle East and North Africa, as well as Asia. At the moment, it still has no plans to operate in the United States due to the regulatory uncertainty that persists in that market.
For its part, Roxom TV It is a means of communication that operates 24/7, offering real -time content on the Bitcoin market and cryptocurrencies. The channel transmits through X, Twitch, Rumble, Kick and Dlive, and has plans to expand to Tiktok, Instagram, LinkedIn Live and Facebook Live. In addition, it has studies in San Francisco and London, and prepares its launch in Hong Kong for the third quarter of the year.
