Amber International Raises $25.5 Million to Expand Crypto Services in US, Southeast Asia

MT Newswires Live
Jun 30

Amber International Holding (AMBR), operating as Amber Premium, said Monday it entered agreements with investors to raise $25.5 million through a private placement.

The company said it will use the net proceeds to expand institutional crypto services in the US and southeast Asia, prioritizing crypto reserve strategy, asset tokenization, and AI-AgentFi initiatives.

The placement is expected to close on July 4, according to a statement.

Shares were up 4.2% in recent trading.

Price: 11.66, Change: +0.37, Percent Change: +3.28

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10