DIGY11 Brings Digital Credit to Brazil Amid Global Expansion

Digital Credit has expanded its global reach by entering the Brazilian market through an ETF called DIGY11. This move is significant, as it brings Digital Credit and STRC to Brazil for the first time. The DIGY11 ETF offers investors a unique opportunity, with features such as monthly BRL distributions, daily liquidity, and FX hedging.

Michael Saylor, known for his insights on Bitcoin network developments, has announced this expansion. In the past, he noted that BIP-110 failed to gain miner consensus, with only 2.6% signaling support. He also observed that Bitcoin's trading was near its 200-week moving average, a level held above 92 percent of the time.