Amber International Boldition (AMBR)A subsidiary of the Amber Group cryptography trade firm, said it raised $ 25.5 million in a private placement to expand its reserve of crypto ecosystems of $ 100 million, a fund designed to support strategic growth in blockchain networks.
The increase, announced on Thursday, had a price of $ 10.45 per share, which is a 5% discount on the average price of three days weighted by company volume and caused participation of Panther Capital, Cmag Funds, Kingkey Financial International and others. The company issued more than 12 million class A shares, equal to approximately 2.44 million ADS, in Nasdaq.
Amber International launched the reservation earlier this year to make long -term bets in blockchain infrastructure. Since then, the company has assigned funds to Bitcoin
Ethereum and Solana, and now extends the coverage of Binance Coin, Ripple’s XRP and Sui, according to the press release.
The firm said that it is using the reservation to align with developers and protocols that operate in these networks, offering them capital, liquidity and potentially support of products. Amber International pointed out the growing demand among institutional clients for real world assets and emerging applications such as agentfi, which uses intelligent contracts to automate financial services.
The measure reflects a broader trend between crypto-national companies that build treasure strategies to strengthen their balances and support ecosystem stability and long-term innovation, especially as risk capital withdrawals and financing cycles become more cautious.
