Roxom Looks to Capture Bitcoin Treasury Boom With BTC-Denominated Stock Exchange

Key Points

1. Roxom is preparing to launch a BTC-denominated stock exchange, aligning with the Bitcoin whitepaper's vision of a global, permissionless store of value.

2. The exchange will allow BTC-denominated trading of shares in companies with substantial bitcoin holdings, such as Strategy and Metaplanet.

3. Publicly-listed firms have been increasingly building bitcoin treasuries, with three companies recently raising $278 million combined for this purpose.

4. Roxom held 84.72 BTC ($9.9 million) as of May and plans to acquire an additional 30 BTC, bringing its treasury value to nearly $13.5 million.

5. Alongside the exchange, Roxom is developing a 24/7 media network and has raised $17.9 million in funding from Draper Associates and Borderless.