Amber International shares rise 12.28% intraday after subsidiary Amber Premium FZE secures VARA approval to expand compliant digital wealth management in UAE.

Amber International surged 12.28% intraday, with the company announcing that its Amber Premium FZE subsidiary received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to expand compliant digital wealth management services in the UAE targeting ultra-high-net-worth clients and institutions. The company is a leading digital wealth management platform specializing in private banking-grade digital asset management and investment solutions for high-net-worth individuals and institutions.