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K Wave Media has reached a strategic partnership with Galaxy Digital to accelerate its Bitcoin financial strategy.
On July 22, K Wave Media (NASDAQ: KWM) announced a strategic partnership with digital asset investment firm Galaxy Digital (NASDAQ: GLXY). According to the protocol, Galaxy Digital will act as KWM's asset manager and strategic advisor, and will invest in KWM to support the implementation of its Bitcoin financial strategy and expand institutional capital access. KWM has secured close to $1 billion in institutional capital support and has acquired 88 Bitcoins.