Roxom Global, a project with a strong Bitcoin focus, has closed a $17.9 million funding round to build a Bitcoin-denominated securities exchange and a 24/7 crypto media network named RoxomTV. The funding is split into $7.9 million for the development of a BTC-denominated exchange where securities are traded with Bitcoin as the unit of account, appealing to Bitcoin maximalists and those preferring BTC-native financial products. This sets Roxom apart from traditional exchanges that mostly rely on fiat currency or stablecoins.
The remaining $10 million is dedicated to RoxomTV, a pioneering Bitcoin-native media platform broadcasting 24/7 from hubs in San Francisco, London, and soon Hong Kong. RoxomTV operates fully on a Bitcoin treasury exceeding $12.5 million in value and is backed by institutional investors such as Draper Associates and Xapo Bank. The platform offers real-time market updates, analysis, breaking news, interviews, and educational content, aiming to become a central information hub for Bitcoin enthusiasts globally.
Roxom Global’s strategy also includes expanding its Bitcoin treasury by purchasing an additional 30 BTC, signaling strong alignment with Bitcoin as their reserve asset and commitment to the ecosystem. This funding round indicates sustained investor confidence in Bitcoin infrastructure projects even amidst crypto market volatility. Roxom’s dual approach, combining exchange services with continuous media coverage, positions the company as a potential major player in the digital asset ecosystem focusing on foundational Bitcoin-centered infrastructure.
