Australian DigitalX enters into a joint venture with a US bank

Listed blockchain company DigitalX has announced a joint venture partnership with Americas Executions (AmerX), a US-based bank which provides crypto advisory services.

The JV entity aims to generate revenue by offering crypto advisory services and assisting in security token offerings.

The JV entity will be called DX Americas LLC, and aims to provide crypto advisory services and help facilitate security token offerings (STOs).

DigitalX and AmerX — which is registered with the SEC — will both have a 50% share in the new entity, and will be entitled to an equal share of any profit distributions.

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