Digital asset investment manager DigitalX Limited has made a statement in response to inquiries from the Australian Securities Exchange (ASX) regarding trades involving director Ieva Guoga.
DigitalX Limited's Position
A spokesperson for DigitalX stated that all trades complied with the company's securities trading policy and ASX listing rules. The company emphasized that the requests from ASX did not match the exact wording of its policy, but there was no breach.
Clarification on Trades
ASX sought clarification on Ieva Guoga's purchase of 3 million shares ahead of an announcement on acquiring $11.6 million worth of Solana tokens. The inquiry also covered transactions involving her father, who holds about 15% of the company. DigitalX's trading rules require senior officer approval to ensure no trades occur with undisclosed market-sensitive information.
Company's Future Plans
Recently, DigitalX announced its '21 Hundred' strategy aimed at increasing its Bitcoin holdings from about 500 to 2,100 BTC by 2027. Ieva's father also chairs SOL Strategies, which has an exclusive deal to provide Solana staking services to DigitalX. A shareholder meeting is scheduled for September 5 to vote on issuing shares and warrants to Ieva and Antanas Guoga.
In response to ASX inquiries, DigitalX assures its stakeholders of compliance with trading practices while continuing to develop its strategies in the investment space.
