July 04, 2025
11 11 11 AM
Latest Post
Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam Bitcoin bull run could peter out in 2-3 months, says analyst US Republicans declare ‘Crypto Week’ to mull 3 crypto bills Bitcoin must hold above $108K or risk a bearish spiral Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects ETH Holds Firm as Strong U.S. Jobs Data Lifts S&P 500 and Nasdaq Composite to Record Highs SEC’s Pause of Grayscale Fund Is Likely Temporary Sui Reclaims $3 After Week-Long Rally Sparked by Lion Group’s Treasury Plans Sui Reclaims $3 After Week-Long Rally Sparked by Lion Group’s Treasury Plans

Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy

Amber International Holding (AMBR), a crypto trading firm Amber Group subsidiary, said it raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve, a fund designed to support strategic growth across blockchain networks.

The raise, announced Thursday, was priced at $10.45 per share, which is a 5% discount to the company’s three-day volume-weighted average trading price and drew participation from Pantera Capital, CMAG Funds, Kingkey Financial International, and others. The company issued over 12 million Class A shares, equal to about 2.44 million ADSs, on Nasdaq.

Amber International launched the reserve earlier this year to make long-term bets on blockchain infrastructure. Since then, the firm has allocated funds toward Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), and it’s now extending coverage to Binance Coin (BNB), Ripple’s XRP, and Sui (SUI), according to the press release.

The firm said it is using the reserve to align itself with developers and protocols operating on these networks, offering them capital, liquidity, and potentially product support. Amber International pointed to growing demand among institutional clients for real-world asset tokenization and emerging applications like AgentFi, which uses smart contracts to automate financial services.

The move reflects a broader trend among crypto-native firms building treasury strategies to bolster their balance sheets and support ecosystem stability and long-term innovation, especially as venture capital retreats and funding cycles become more cautious.

This post was originally published on this site

Please enter Coingecko Free Api Key to get this plugin works