ASX Limited (ASX:ASX) Completes Sale of Investment in Digital Asset
Transaction Details
ASX Limited has entered into an agreement and completed the sale of its shareholding in Digital Asset Holdings, LLC for approximately $57 million.
Financial Impact
The sale will be recognised in ASX’s FY25 financial results, with a pre-tax gain of approximately $42 million compared to the current carrying value of Digital Asset. The gain on sale represents approximately $10 million on ASX’s original acquisition cost.
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