CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-07-04 16:21:52

Nasdaq-Listed Amber International Expands $100 Million Crypto Ecosystem Reserve to Include BNB, XRP, and SUI

Amber International boosts crypto reserve with $25.5 million private placement The company aims to bolster its Web3 financial infrastructure, including Real World Assets (RWA) and AgentFi It recently announced a partnership with DeFi Development Corp to build Solana-based structured products and staking services Amber International, a subsidiary of the global crypto financial services firm Amber Group, has secured a $25.5 million private placement from major institutional investors such as Pantera Capital, CMAG Funds, Mile Green, Choco Up, and Kingkey Financial International. In what is essentially a direct sale, the company offered its shares to this specific group of investors, bypassing the public markets. The deal was set at $10.45 per ADS (American depositary share), representing a modest 5% discount to its recent trading price. This raise marks over 25% of the intended $100 million crypto reserve initiative. Interestingly, Amber is using the funds to expand its $100 million Crypto Ecosystem Reserve, which already includes Bitcoin, Ethereum, and Solana. Now, due to the expansion, the allocation will also include Binance Coin, Ripple, and Sui. A… The post Nasdaq-Listed Amber International Expands $100 Million Crypto Ecosystem Reserve to Include BNB, XRP, and SUI appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.