Amber International Accelerates Crypto Reserve Strategy with Recently Announced $25.5 Million Private Placement Backed by Leading Global Investors
SINGAPORE, July 3, 2025 /PRNewswire/ -- Amber International Holding Limited (Nasdaq: AMBR) ('Amber International', or the 'Company'), a leading provider of institutional crypto financial services & solutions and operating under the brand name 'Amber Premium', today announced continued progress on its $100 million Crypto Ecosystem Reserve Strategy, enhanced by proceeds from a recently announced $25.5 million private placement.
Participating institutional investors subscribed at a price of US$10.45 per American Depositary Share (ADS), determined based on a 5% discount to the 3-day volume-weighted average price (VWAP) of AMBR's ADSs on Nasdaq between June 25 and June 27, 2025. This corresponds to US$2.09 per Class A ordinary share, based on the 5:1 ratio of Class A ordinary shares to ADSs. The private placement involved the issuance of 12,200,915 Class A ordinary shares—equivalent to 2,440,183 ADSs—and was supported by a distinguished group of institutional investors including CMAG Funds, Mile Green, Pantera Capital, Choco Up, Kingkey Financial International (Holdings) Limited (1468.HK), and other prominent investors.
Proceeds from the private placement will be strategically used to enhance Amber International's $100 million Crypto Reserve initiative, which is designed to support long-term ecosystem alignment and product innovation. Since the strategy's announcement earlier this year, the reserve has been allocated toward major digital assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with ongoing deployment into Binance Coin (BNB), Ripple (XRP), and Sui (SUI).
The Company is uniquely positioned to leverage its Ecosystem Reserve to support innovative projects on these blockchains, delivering differentiated products and services to institutional clients. The Reserve will further empower the Company to remain at the forefront of blockchain innovation in areas such as Real World Assets (RWA) and AgentFi, strengthening its leadership in the next wave of Web3 financial infrastructure.
About Amber International Holding Limited
Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name 'Amber Premium', is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at www.ambr.io.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) the risk that the Company may not obtain the regulatory approval in relation to DWM Asset Restructuring in a timely manner or at all and may need to continue relying on the intercompany service agreements to receive the economic benefits of the WFTL Assigned Contracts; (ii) risks related to the performance of the amendment, waiver and framework agreement, including the expected timing and likelihood of receipt of the regulatory approvals contemplated therein; (iii) the risk that the Company's business lines are nascent, not fully proven by market and subject to material legal, regulatory, operational, reputational, tax and other risks in the jurisdictions where it operates; (iv) the risk of declining prices of digital assets and reduced transaction volumes conducted by the Company; (v) regulatory and market risks related to cryptocurrencies and digital assets and in the jurisdictions where the Company operates; (vi) risks related to fluctuations in the market price of bitcoin and any associated unrealized gains or losses on the digital assets that the Company may record in its financial statements as a result of a change in the market price of bitcoin from the value at which the Company's bitcoins are carried on its balance sheet, as well as commercial, legal, regulatory, accounting and technical uncertainties associated with the Company's crypto holdings; (vii) a decrease in liquidity in the markets in which the cryptocurrencies and digital assets are traded; and (viii) the impact of the availability of spot exchange traded products and other investment vehicles for digital assets. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other filings with the SEC. Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'potential,' continue,' 'is/are likely to' or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Media & Investor Contacts
In Asia:
Amber International Holding Limited
Serena Wang
Phone: +65 6022 0228
E-mail: [email protected] | [email protected] | [email protected]
In the United States:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
E-mail: [email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/amber-international-accelerates-crypto-reserve-strategy-with-recently-announced-25-5-million-private-placement-backed-by-leading-global-investors-302497677.html
SOURCE Amber International Holding Limited
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
20 minutes ago
- Forbes
This Is... Our Independence Day (For Climate Solutions)
The end of the beginning, not the beginning of the end Despite some last-minute successful rescue efforts on some small but crucial points, climate investors in the United States are reeling this week from the passage of the new federal law which not only rolled back prior incentives for renewables and other clean energy and transportation projects, but in some ways imposed new penalties on them. This is decidedly not good news for climate investors in the United States, to be clear. But we've been here before, and this time we have some key advantages that our sector has not had in prior such retrenchment episodes. Let's look at the last twenty years of the residential solar industry in the U.S. When I was first getting started as an investor, it was fascinating to attend solar industry conferences, because the sector was clearly at a transition point. Walking through the exhibitor halls, you could see investment bankers in full suits rubbing elbows with guys in Birkenstocks and wearing ponytails. One can only imagine what the latter conference attendees must have felt about the 'suits' invading what had been a small niche industry until then. The thing is, this was before any large-scale federal incentive program for solar had been put into place. This was even before a Republican president declared 'America is addicted to oil.' And it was before the costs for rooftop solar made sense without incentives. The industry was still far from 'breaking a buck' (ie: getting the cost of panel manufacturing below $1/watt). But the investors could all see the trend lines as well as anyone else, and understand the basic logic: That as solar PV and other renewable power continued to see dropping manufacturing costs, and significantly lower operating costs than thermal power generation, distributed clean power production was going to become important. And they were right. As the prices continued to drop, financiers took the baton and figured out ways to turn a 'total cost of ownership' ("TCO") advantage into an overall cost advantage, and solar adoption flourished. The thing is, as mentioned above there still wasn't some massive Federal subsidy system for solar. Yes, a limited solar tax credit was implemented. But investors who were around at the time will remember that the industry really wasn't taking off because of this federal tax credit – instead, there were various state-level incentives that the solar industry utilized. As one state after another implemented new incentives, the industry jumped from state to state and the early movers found strong advantages by being flexible and entrepreneurial. I'm old enough to remember when New Jersey was the focus of industry activity, for example. And that patchwork of state-level programs was enough to support strong industry growth that eventually became a nationwide trend and a multi-billion dollar market. So here the climate solutions sector is again, with the federal rug pulled out from underneath the industry. But this is the end of the beginning, not the beginning of the end. 1. It's not just a solar and wind industry anymore. It's certainly overstating things to suggest that 'cleantech' (as it was termed back in 2005) was just a solar and wind game. There were robust efforts around energy efficiency, waste treatment, electric vehicles, water treatment, and many other sectors. However, solar and wind was the focus. Now, climate solutions investors have more broadly embraced these other solution areas and more. There are many sectors like waste-to-value that have been growing quickly without any real federal support at all, and in many cases without any state-level incentives either.2. Despite the political rhetoric at the federal level, states governments are more supportive of a wide range of climate and clean technology solutions. Waste-to-value solutions, for example, are really not a 'red state / blue state' issue. Landfill capacity constraints and a desire for clean food and water (see Exhibit A: PFAS concerns) loom larger for local-level legislatures versus the grandstanders in Congress and the White House. And for many of these solutions, especially those related to the circular economy, localization is a key success factor in any case. Waste diversion and re-use, for example, is not a national issue nearly as much as it is a local issue.3. The underlying economics of these new solutions make sense now regardless of incentives, for many applications. TCO is a real thing, and the financial industry has now figured out how to unlock overall cost advantages by 'spreading out' the higher upfront costs of cleaner solutions across many of these sectors. In electric vehicles, for instance, many consumers now recognize that an electric sedan or pickup truck may cost more up front, but will save them money (and in many cases simply provide a better driving experience) in the long run. Commercial fleet owners for the most part haven't yet figured this out. But they will, and an entire industry dedicated to helping companies profitably electrify their vehicle fleets is now in place and downside of not having consistent federal-level support is also clear from observing the past two decades of the growth of the solar industry in the U.S. – it wasn't a smooth growth curve. As the sector grew in fits and starts, there have been successive waves of fast growth followed by industry consolidation – some of us call it 'the solar-coaster'. We are currently seeing the same thing in fleet electrification, for example. But on the other hand, contrarian, long-term investors may find right now to be a really attractive time to be placing bets on these industries and solutions, while investment values are depressed. The long-term climate change megatrend remains in place. Other countries aren't throwing such obstacles in front of their own market growth, costs continue to decline, and state-level incentives remain in place across many U.S. regions. Investors and entrepreneurs interested in U.S.-based climate solutions across the energy, food, water, waste and transportation sectors should look forward, knowing that the industry is more resilient than ever. Yes, better federal support would make a lot of sense in terms of innovation, economic growth, and the climate change crisis. But we don't need the federal support to keep moving forward. In many ways, this is our independence day.
Yahoo
25 minutes ago
- Yahoo
Instacart, Pinterest Partner to Enhance Ad Targeting, Shoppability for Retailers
Maplebear Inc. (NASDAQ:CART) is one of the best new stocks to buy now. On June 17, Pinterest Inc. (NYSE:PINS) and Maplebear, which is more commonly called Instacart, announced a new partnership designed to enhance ad targeting for retailers and streamline the shopping experience for Pinterest users. The collaboration will allow advertisers on Pinterest to target their ads more precisely by using Instacart's first-party engagement data. In the initial phase of the partnership, selected brands advertising on Pinterest will gain access to Instacart's audience segments. A subsequent phase is expected to introduce closed-loop measurement, which will connect Pinterest ad campaigns directly to actual product sales across the Instacart Marketplace. People strolling through a grocery-anchored shopping center. This integration is valuable for food, recipe-related brands, and Consumer Packaged Goods/CPG companies. Instacart collaborates with 1,800+ national, regional, and local retailers from ~100,000 stores across North America. The partnership also includes the direct shoppability of Pinterest ads via the Instacart platform. Maplebear Inc. (NASDAQ:CART) provides online grocery shopping services to households in North America. Pinterest Inc. (NYSE:PINS) is a visual search and discovery platform. While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Verge
29 minutes ago
- The Verge
Slate Auto's electric pickup is no longer ‘under $20,000' — thanks, Donald
Slate Auto's American-made electric pickup — the one with no paint, no stereo, and no touchscreen — is no longer priced 'under $20,000.' The increase is a result of Trump's 'Big, beautiful bill,' which will end the federal EV tax credits on September 30th when signed into law later today. That sub-$20,000 price for the Indiana-built pickup was a big selling point for the EV startup backed by Jeff Bezos, and was only possible after applying the $7,500 tax credit to the retail price. The price promotion was scrubbed from the Slate Auto site as recently as yesterday, according to TechCrunch. The website now shows an expected price of 'mid-twenties.' Slate's under $20,000 price tag for a vehicle it won't start delivering until late 2026 was always accompanied by an asterisk, with fine print highlighting federal incentives that were 'subject to change.' And change was certainly expected: Trump campaigned heavily on the promise to end President Biden's fictitious 'EV mandate,' because electric cars are for socialists in MAGA world. Trump's embrace of oil and gas, while simultaneously dismantling incentives meant to spur the adoption of EVs and clean energies, is a gift to Chinese makers of electric cars, solar panels, and batteries. The US is now on course to own the past while China is firmly positioned to dominate the future.
