Amber Raises $25.5M for Crypto Reserve
Singapore-based crypto financial firm Amber International Holding Ltd. significantly expanded its crypto reserves, raising $25.5 million in a private placement. This funding accelerates the firm's goal of establishing a $100 million crypto reserve, a strategic move to enhance its market position and solidify its role in Web3 finance.
Strategic Investments and Reserve Composition
The private placement, supported by prominent investors including CMAG Funds, Mile Green, Pantera Capital, Choco Up, and Kingkey Financial International, saw the sale of American Depositary Shares (ADSs) at $10.45 per share—a 5% discount to the average Nasdaq share price from June 25-27, 2025. Each ADS is convertible into five Class A ordinary shares.
Amber's expanding reserve currently holds substantial positions in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The firm plans to further diversify its holdings by accumulating Binance Coin (BNB), Ripple (XRP), and Sui (SUI).
Focus on Web3 and Real-World Assets
This strategic reserve serves multiple purposes. Amber aims to leverage these assets to:
- Invest in promising blockchain projects.
- Develop innovative products for institutional clients.
- Lead the evolution of Web3 finance, particularly in the emerging fields of Real World Assets (RWA) and AgentFi.
By bridging traditional finance with blockchain technology, Amber seeks to maintain its leading position as institutional interest in crypto continues to grow.
Amber's Services and Future Plans
Operating under the "Amber Premium" brand, Amber offers a comprehensive suite of services to institutional investors, including market access, trade implementation, and various investment instruments across centralized finance (CeFi), decentralized finance (DeFi), and over-the-counter (OTC) markets.
The company anticipates that this expanded reserve will facilitate the development of unique products and strengthen relationships with clients. Amber plans to continue exploring opportunities to further expand its reserve in the coming months, reinforcing its commitment to providing top-tier services and contributing to the future of Web3.
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