- Amber International Holding raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve.
- The fundraising, announced Thursday, was priced at $10.45 per share, about 5% below the three-day average trading price.
- Major investors included Pantera Capital, CMAG Funds, and Kingkey Financial International.
- The reserve supports long-term investments across multiple blockchain networks, adding assets like Binance Coin, XRP, and Sui.
- The company aims to provide capital, liquidity, and product support for blockchain developers in response to rising institutional demand.
Amber International Holding, a division of Amber Group focused on crypto trading, has raised $25.5 million through a private placement on Nasdaq. The move is intended to increase the size of its Crypto Ecosystem Reserve to $100 million, with the goal of supporting strategic growth and stability across various blockchain platforms.
The share offering was priced at $10.45 each, or about 5% lower than the company’s recent average trading price. More than 12 million new Class A shares were issued, representing about 2.44 million American Depositary Shares (ADS). Investors included well-known groups such as Pantera Capital, CMAG Funds, and Kingkey Financial International.
The company launched the reserve fund earlier this year to make long-term investments in blockchain infrastructure. According to a recent press release, initial allocations went toward networks like Bitcoin, Ethereum, and Solana. The firm now plans to add Binance Coin, Ripple’s XRP, and Sui to its investment scope.
Amber International stated that the reserve will help align the company with developers and protocols building on these platforms. The company offers capital, liquidity, and is considering product support to those in the ecosystem. It also pointed to increasing interest from institutional clients in projects focused on real-world asset tokenization and in applications such as AgentFi, which uses smart contracts to automate financial services.
This move follows a larger trend in the crypto sector, where native companies are building treasury reserves to improve their balance sheets and support ecosystem growth. Such efforts have become more important as venture capital slows and investor caution grows within the industry.
The company says its expanded reserve will help address market demands and build stronger relationships with blockchain developers and protocols.
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