Amber International, a Nasdaq-listed company, has increased its crypto reserve fund by $25.5 million. This growth, supported by a private placement, attracted significant investor interest. The company was already focused on Bitcoin, Ethereum, and Solana. However, with the new fund, it has started targeting Binance Coin, Ripple, and Sui tokens.
Amber International’s Crypto Reserve Expansion Strategy
Amber International received a $25.5 million private investment to expand its $100 million Crypto Ecosystem Reserve strategy. Key investors included Pantera Capital, CMAG Funds, Mile Green, Choco Up, and Kingkey Financial. Thus, the Nasdaq-listed company plans to purchase Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Ripple (XRP), and Sui (SUI).
The reserve fund is not solely for financial investment. With this move, Amber International aims to support blockchain projects and accelerate long-term product development. The company will continue offering innovative products like Real World Assets (RWA) and AgentFi to its corporate clients.
Amber International’s Investor Profile and Future Plans
About 12.2 million Class A shares were offered in the private placement, equivalent to approximately 2.44 million American Depositary Shares (ADS), trading at $10.45 per share. Leading investors such as CMAG Funds, Mile Green, and Pantera Capital participated.
With the new funds, Amber International plans not only to acquire major crypto assets but also to support innovative projects on blockchain networks like XRP, BNB, and SUI tokens. Additionally, it aims to lead blockchain innovation through applications like Real World Assets (RWA) and AgentFi.
Through this strategy, Amber International seeks to strengthen its leadership in the next wave of Web3 financial infrastructure and deepen its commitment to the blockchain ecosystem with its investments.
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