Amber Group has secured an additional $25.5 million to expand its crypto reserve fund, announcing plans to include three notable altcoins.
Amber International, a subsidiary of Asia-based cryptocurrency investment giant Amber Group, continues to attract investor interest, raising an additional $25.5 million to expand its $100 million crypto reserve fund. Notable investors, including Pantera Capital, CMAG Funds, Mile Green, Choco Up, and Kingkey Financial International, participated in the latest funding round, with Nasdaq-listed Amber International shares (AMBR) sold at $10.45 each in a private placement.
Previously holding Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in its reserve, Amber Group is now preparing to include Binance Coin (BNB), Ripple (XRP), and Sui (SUI), an emerging blockchain project, to further strengthen its crypto holdings. With this move, the company aims to diversify its reserves and enhance long-term product development.
Amber International also emphasized that the new capital will support innovations in blockchain, particularly focusing on tokenization of real-world assets and automating financial transactions through smart contracts. These strategic initiatives aim to meet evolving corporate client needs and position Amber International as a leader in blockchain innovation.
