ASX closes sale of investment in Digital Asset

ASX Sells Investment in Digital Asset - Markets Media

ASX is pleased to announce that it has entered into an agreement and completed the sale of its shareholding in Digital Asset Holdings, LLC (Digital Asset) for approximately $57 million. The sale will be recognised as part of ASX’s FY25 financial results, with ASX recognising a pre-tax gain of approximately $42 million compared to ASX’s current carrying value of Digital Asset. The gain on sale will be recognised directly in the asset revaluation …

ASX closes sale of investment in Digital Asset

ASX today entered into an agreement and completed the sale of its shareholding in Digital Asset Holdings, LLC for approximately $57 million.

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

ASX Ltd (ASX:ASX) has notched fractional gains in early Friday trades on the news it’s ditched its shareholdings in Digital Asset Holdings LLC for A$57 million. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. “The sale will be recognised as part of ASX’s FY25 financial results, with ASX recognising a pre-tax gain of approximately $42 million…