Amber International Raises $25.5 Million in Private Funding to Advance $100 Million Crypto Reserve Strategy
Odaily Planet Daily reported that Amber International, a listed subsidiary of Amber Group, has announced the completion of a $25.5 million private placement, with investors including Pantera Capital, CMAG Funds, and other institutions. The funds will be used to support its $100 million crypto reserve strategy launched in May, aimed at driving long-term ecosystem development and product innovation. Currently, its reserve assets cover BTC, ETH, SOL, BNB, XRP, and SUI, with a focus on areas such as RWA asset tokenization and AgentFi. (The Block)
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