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CoinDesk 2025-07-03 21:20:02

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.

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