Amber International Holding Limited, headquartered in Singapore and listed on Nasdaq under the ticker AMBR, has successfully secured $25.5 million through a private placement. This funding aims to bolster its $100 million Crypto Ecosystem Reserve Strategy.
The recent announcement, submitted to the U.S. Securities and Exchange Commission (SEC), reveals that the new capital will be utilized for purchasing cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Notable institutional investors involved in this funding round include CMAG Funds, Mile Green, and Pantera.
