Amber International Raises $25.5M to Boost $100M Crypto Reserve 💥
Amber International, a Singapore-based crypto firm, has raised $25.5M to boost its $100M Crypto Ecosystem Reserve. This new capital will help fund purchases of Bitcoin ($BTC ), Ethereum (ETH), and Solana (SOL) as part of its strategy to enhance blockchain innovation.
Notable institutional investors like CMAG Funds, Pantera Capital, and Kingkey Financial International joined the effort, subscribing at $10.45 per American Depositary Share (ADS). The proceeds will strengthen Amber’s ecosystem, which spans CeFi, DeFi, and OTC markets.
Amber’s focus is to support real-world assets (RWA) and AgentFi, key areas within Web3 financial infrastructure. The strategy aims to position Amber at the forefront of blockchain innovation.
🌐 Looking Ahead 🌟
Amber International is taking huge steps toward expanding its influence in the crypto space. With its $100M reserve, Amber is set to continue supporting projects on leading blockchains such as Binance Coin (BNB), XRP, and Sui, paving the way for more institutional-level products in the future.
As for the market, the evolving landscape suggests exciting times ahead. Stay tuned for updates on Amber International’s next moves and the latest trends in crypto!
💡 Get in on the Action!
Follow me for more latest updates and insights 👍
Thankyou 🙏