InFocus Group Expands with New Blockchain Division

Australian data analytics and software solutions company InFocus Group has launched a new division called InFocus Digital Ventures, specializing in blockchain technology, digital assets, AI, and other cutting-edge innovations. The initiative received AUD 10 million in funding from Mythos Group. InFocus will use AUD 2.5 million of this funding to invest in the Monochrome Bitcoin ETF (CBOE: IBTC), seeking indirect exposure to Bitcoin while maintaining flexibility. The remaining AUD 8 million is pending shareholder and regulatory approvals, with a 360-day lockup for shares held by Mythos Group and other investors to secure the long-term partnership between the two entities.