ASX response makes international news..., page-11

An additional $3m into Aus bitcoin isn't petty cash. Also they are big in Singapore and it just re-inforces size and they will be serious about promoiting the big end of town into Aus bitcoin. BPX - whats that they say?

Extract from today's AFR below

One of the world's largest cryptocurrency exchanges, KuCoin, has invested in local exchange Bitcoin Australia and formed a new joint venture which will see the Singaporean exchange expand locally.
The company has invested almost $3 million into Bitcoin Australia, which intends to use the funding to embark on its own aggressive international expansion, as well as to help KuCoin enter the local market. It has previously raised capital from Dominet Venture Partners.
Bitcoin Australia chief executive Rupert Hackett told The Australian Financial Review the businesses had clear synergies, with KuCoin targeting sophisticated investors, while Bitcoin Australia aimed to make cryptocurrency trading possible for the mass market.

BPX is not a target company for investors so is going to struggle to make an impact