AMTD Group's Subsidiaries to Invest in Cryptocurrencies.

AMTD IDEA Group, a NYSE and SGX-ST listed company, is partnering with AMTD Digital and TGE to build a cryptocurrency portfolio. The portfolio will focus on Bitcoin, Ethereum, and Tether and will be part of a USD240 million war chest of liquid investments. The move aims to diversify the companies' assets and capitalize on the growing demand for cryptocurrencies.

AMTD IDEA Group (NYSE: AMTD), along with its subsidiaries AMTD Digital (NYSE: HKD) and The Generation Essentials Group (NYSE: TGE), has announced plans to incorporate cryptocurrencies into their USD240 million liquid fund war chest as of June 30, 2025 [1]. The companies will prioritize investments in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). TGE, whose name also represents "Token Generation Event," will spearhead the group's cryptocurrency initiatives, focusing on opportunities in tokenized crypto assets within its media, entertainment, and hospitality operations [2].

This move signifies a strategic shift for AMTD IDEA Group, aiming to diversify their asset portfolio and capitalize on the growing demand for cryptocurrencies. The integration of cryptocurrencies into their liquid fund war chest aligns with the broader trend of increased investor interest in digital assets, as evidenced by recent successful crypto listings such as Circle and Bullish [3].

The announcement comes amidst a favorable regulatory climate for cryptocurrencies in the United States, with the SEC dropping most cases against crypto firms and the Trump administration promoting pro-crypto policies [3]. AMTD IDEA Group's initiative is positioned as a "conduit and effective means" to diversify portfolios, bridging the gap between cryptocurrencies and traditional equity markets [3].

TGE, with its global platform in media, entertainment, and hospitality, is well-positioned to explore and leverage cryptocurrencies, including stablecoins, for leisure, entertainment, and consumer spending in goods, services, and F&B areas [2]. The companies plan to utilize their extensive ecosystem, which includes media and entertainment ventures, to deliver VIP experiences, financial education, and leisure opportunities alongside stock issuances [3].

Despite the mixed market reaction to the announcement, with AMTD shares rising while AMTD Digital and TGE declined, the initiative marks a significant step forward in AMTD IDEA Group's digital transformation strategy [3]. The companies have yet to disclose key details such as the timeline, investor eligibility criteria, issuance caps, lockup periods, and custody and settlement mechanics.

References:
[1] https://www.stocktitan.net/news/AMTD/cryptocurrencies-to-become-an-essential-component-of-amtd-s-war-w555h442kna6.html
[2] https://www.prnewswire.com/news-releases/cryptocurrencies-to-become-an-essential-component-of-amtds-war-chest-of-liquid-funds-totalling-usd240-million-and-tge-to-focus-into-crypto-areas-of-opportunities-and-developments-302536703.html
[3] https://cryptonews.com/news/amtd-firms-roll-out-crypto-for-stock-swap-program-on-nyse/