Crypto Assets asset management company DigitalX denies violating policies in board trading investigation

According to Techub News, reported by Decrypt, the Australian listed Crypto Assets management company DigitalX denied violating policies in a director trading investigation. The Australian Securities Exchange (ASX) had previously accused DigitalX director Ieva Guoga of purchasing 3 million shares of the company before its acquisition of SOL worth 11.6 million USD on May 29, and that the transaction was related to her father. In response, DigitalX stated that the related transactions complied with its securities trading policies and listing rules, but it will strengthen relevant processes.

Antanas Guoga is the largest shareholder of DigitalX, holding approximately 15% of the company's shares. In addition, he serves as the chairman of the Canadian-listed company SOL Strategies, which has signed a 12-month agreement with DigitalX to provide Solana staking services. DigitalX plans to hold a shareholder meeting on September 5 to vote on whether to issue shares and warrants to Ieva and Antanas Guoga as part of a related party placement.