Singapore, July 4, 2025 — Amber International, a Singapore-based cryptocurrency firm, has raised $25.5 million in a private placement to advance its $100 million Crypto Reserve initiative, aimed at enhancing institutional adoption and blockchain innovation.
The offering was priced at $10.45 per share, reflecting a 5% discount to Amber’s three-day volume-weighted average trading price. The company issued over 12 million Class A ordinary shares, equivalent to approximately 2.44 million American Depositary Shares (ADS) listed on Nasdaq.
Institutional Backing and Strategic Expansion
Notable institutional investors participated in the raise, including CMAG Funds, Mile Green, Pantera Capital, and Kingkey Financial International.
Funds will be used to strengthen Amber’s reserve holdings in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while expanding into Binance Coin (BNB), Ripple’s XRP, and SUI. The expansion underscores growing institutional interest in emerging blockchain ecosystems.
Developer Alignment and Ecosystem Support
Amber stated the Crypto Reserve will provide liquidity, capital, and technical support to developers building on supported networks. This approach addresses persistent infrastructure gaps that hinder blockchain scalability and enterprise integration.
“The Reserve will empower us to lead innovation across Real World Assets (RWA) and AgentFi sectors, reinforcing our role in shaping the next wave of Web3 financial infrastructure,” the company said in a statement.
Market Response
Despite the announcement, Amber’s stock closed down 6.7% on Thursday, with a 23.8% decline over the past five days and a 12% drop over the past month, indicating cautious investor sentiment amid broader market volatility.
