Roxom Global has raised $17.9 million to develop a Bitcoin-denominated securities exchange and RoxomTV, a media network fully backed by Bitcoin. The exchange, backed by $7.9 million from notable investors, will focus on trading in Bitcoin for instruments like futures and synthetic products, serving Latin America, Europe, Asia, and the Middle East despite U.S. regulatory barriers. RoxomTV, having secured an additional $10 million, plans extensive global outreach, including operations from San Francisco, London, and soon Hong Kong, on multiple streaming platforms to broaden its audience base.
In a notable shift, Roxom Global is set to launch a Bitcoin-backed securities exchange and a 24-hour media network, revolutionizing financial news consumption.
The aim is to integrate Bitcoin standards into global finance, creating trading instruments solely in Bitcoin, targeting Latin America, Europe, Asia, and the Middle East.
RoxomTV's establishment marks a significant move towards Bitcoin-based media, with plans to expand globally and engage users across various streaming platforms.
With its media venture successfully launching, Roxom Global's strategic investments position it strongly to reshape financial paradigms through Bitcoin-focused innovations.
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