Amber International Holding (Ambr)A subsidiary of negotiation of Crypto Amber Group subsidiary, said it has raised $ 25.5 million in a private investment to extend its 100 million dollars crypto ecosystem reserve, a fund designed to support strategic growth in blockchain networks.
The increase, announced on Thursday, was at a price of $ 10.45 per share, which represents a discount of 5% compared to the average commercial price of three days weighted according to the volume and attracted the participation of Pantera Capital, CMAG FUNDs, Kingkey Financial International and others. The company has issued more than 12 million class A shares, equal to around 2.44 million ADS, on the Nasdaq.
Amber International launched the reserve earlier this year to make long -term bets on blockchain infrastructure. Since then, the company has allocated Bitcoin funds
Ethereum and Solana, and he now extends the blanket to Binance Coin, Ripple’s XRP et Su, according to the press release.
The company said it used the reserve to align with developers and protocols operating on these networks, offering them capital, liquidity and potentially support products. Amber International highlighted growing demand among institutional customers for the tokenization of real assets and emerging applications like Agentfi, which uses smart contracts to automate financial services.
This decision reflects a broader trend among cryptocurrency companies that establish cash strategies to strengthen their balance sheets and support the stability of the ecosystem and long-term innovation, especially since the venture capital pensions and the financing cycles become more cautious.
