Dacxi Blog

This week Elon Musk announced that Tesla was purchasing $1.5bn worth of bitcoin, and intends to accept bitcoin as a form of payment. The market reacted rapturously, flying to an all-time high over $48,200 appreciating a jaw-dropping 20% in one day, a record single-day dollar growth. What this news means for the crypto industry more broadly, cannot be underestimated. It is praise indeed that one of the world’s richest men backs crypto, particularly one whose business ethos is to be a renegade thinker pushing the boundaries of mankind itself! Whilst there is much talk of reaching a long awaited “tipping point”, this over-simplifies the significance of the events of the last few days. Of course, Musk’s praise of bitcoin has attracted much attention in the traditional media, who have long been hostile to crypto, limiting their commentary to the two main themes of “scam” or “fad”. The rally now seems to be indicative that crypto is held to be a mainstream asset; indeed, bitcoin now has a

Dacxi is the pioneer in building a brand new niche called Crypto Wealth . You will hear me and the Dacxi Team talk about Crypto Wealth a lot and one of the most commonly asked questions I get is a request to define it exactly what it is. So here goes . Crypto Wealth is an exciting new niche in the Wealth industry, built on the principle of crypto as a highly investable asset class. By 2030, the global Crypto Wealth market is expected to be worth a staggering $10trillion. And at Dacxi, we believe everyday investors should have the opportunity to get their own slice of that multi-trillion-dollar pie. What is a Crypto Wealth investment? Traditional wealth investments include equities, bonds, cash, commodities, and property. Crypto Wealth investments are different. They’re part of the Alternative Finance sector and fall into two categories; Cryptocurrencies, and Crypto Asset tokens. Cryptocurrencies are ‘crowd-created currencies. They’re designed for different use cases – for example