Amber International Secures $25.5 Million to Expand Crypto Ecosystem Reserve

Amber International Holding, a subsidiary of the crypto trading firm Amber Group, has successfully secured $25.5 million through a private placement. This funding round, priced at $10.45 per share, represents a 5% discount to the company’s three-day volume-weighted average trading price. The investment was led by prominent firms such as Pantera Capital, CMAG Funds, and Kingkey Financial International, among others. The company issued over 12 million Class A shares, equivalent to approximately 2.44 million American Depositary Shares (ADSs), on the Nasdaq exchange.

The funds raised will be used to expand Amber International’s $100 million Crypto Ecosystem Reserve, a strategic initiative launched earlier this year. This reserve is designed to support long-term investments in blockchain infrastructure and product development. Initially, the reserve focused on major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). With the new funding, Amber International plans to extend its coverage to include Binance Coin (BNB), Ripple’s XRP, and Sui (SUI).

The firm aims to use this reserve to align itself with developers and protocols operating on these networks, providing them with capital, liquidity, and potentially product support. This strategy is in response to the growing demand from institutional clients for real-world asset tokenization and emerging applications like AgentFi, which leverages smart contracts to automate financial services.

The move by Amber International reflects a broader trend among crypto-native firms. These companies are increasingly building treasury strategies to bolster their balance sheets and support ecosystem stability and long-term innovation. This trend is particularly relevant as venture capital funding becomes more cautious and funding cycles tighten.

By diversifying its reserve across major blockchains and emerging tokens, Amber International is positioning itself to capitalize on the evolving landscape of the crypto industry. The firm’s strategy not only supports the development of blockchain infrastructure but also addresses the growing demand for innovative financial services and real-world asset tokenization. This approach underscores Amber International’s commitment to fostering a stable and innovative crypto ecosystem, even as the broader market faces challenges.