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Amber Group Expands Crypto Reserve Strategy After Securing $25.5M in Funding

  • Amber Group has secured $25.5 million in funding led by its Nasdaq-listed arm, Amber International, with participation from institutional backers like Pantera Capital and CMAG Fund.
  • The company aims to broaden its Crypto Ecosystem Reserve, previously targeting $100 million, to include cryptocurrencies like Binance Coin, XRP, and Sui, in addition to Bitcoin, Ethereum, and Solana.
  • Amber International raised funds through a private placement, issuing over 12 million shares of Class A common stock, to support institutional interest in tokenized real-world assets.
  • As crypto gains popularity as a corporate treasury asset, Amber Group is aligning with the trend, integrating digital currencies into its balance sheet for long-term strategic positioning.

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