Bit-X Financial Corp (OTCMKTS:BITXF) and its digital asset exchange DIGATRADE reported that new customer registrations are fulfilling expectations with digital asset transaction volumes increasing on a monthly basis. The digital asset exchange is in the process of employing a unique payments technology layer so that it can minimize settlement latency and costs.

The highlights

Bit-X Financial stated that it will update on the developments including the deployment date in the imminent weeks. Additionally, the company also reported about the listing and advancement of the world’s first natural fancy colored diamond supported digital asset powered by Caratscoin “CTC”. Bit-X yearly audited financial statements for fiscal completed December 2015 is in process and it will fulfill filing deadlines on Edgar in the U.S. and Sedar in Canada. Subsequent AGM announcement with meeting dates will be in circulation in the second quarter.

As previous proclaimed Bit-X Financial has altered its name to ‘Digatrade Financial Corp’ and following FINRA corporate action compliance will be finalized forthwith. Subject to approval its name, trading symbol and cusip number will amend with full revelation and effective dates to be given.

The firm

DIGATRADE, the integral part of Bit-X Financial can be stated as an international digital asset-currency exchange based in Vancouver, British Columbia. The firm is owned and operated fully by Bit-X Financial which is listed on the OTC.QB platform under the ticker ‘BITXF’. It is a reporting issuer entity in the Province of British Columbia with the BCSC and in the U.S. with the SEC. Digatrade has turned into an international platform offering its clients instant card-based transactions globally.

In last trading session, the stock price of Bit-X declined more than 7% to close the day at $0.0490. The decline came at a share volume of 576,982 compared to average share volume of 194,824. After the recent decline, the market capitalization of Bit-X stands at $4.88 million.