Today marks an auspicious anniversary for the digital asset sector

This landmark document, authored by an alias known as Satoshi Nakamoto, set the foundations for the launch of Bitcoin as the world’s first cryptocurrency a few months later in January 2009.

Countless other cryptocurrencies have since been minted, but Bitcoin remains the most valuable by a significant margin.

As at yesterday’s price of US$34,500, Bitcoin was the world’s 11th most valuable asset with a market capitalisation of over US$670 billion.

At its all-time high price of nearly US$69,000 reached in November 2021, the 19.5 million Bitcoin in circulation at that time, established a combined value of US$1.27 trillion.

As part of its funds management business, DigitalX has operated its Bitcoin Fund for close to 4 years, offering wholesale investors a secure and inexpensive way to gain exposure without the uncertainty and risk associated with other digital assets.

In late 2021, DigitalX’s Bitcoin Fund became the first digital asset fund in Australia to receive an investment grade rating after completing the review process with independent research firm SQM Research. This year, it was rated number one by SQM for both one-year and three-year returns out of all the wholesale funds evaluated by the research firm.

DigitalX is the only ASX-listed company to hold Bitcoin as a core treasury asset.