• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Amber International Raises $25.5M for $100M Reserve Strategy

user avatar

by Giorgi Kostiuk

7 hours ago


Amber International has raised $25.5 million in private funding to implement its $100 million Crypto Ecosystem Reserve Strategy aimed at enhancing the resilience of digital assets and institutional adoption.

Funding Acquisition

Amber International has announced the acquisition of $25.5 million in private funding to support its $100 million Crypto Ecosystem Reserve Strategy. CEO Wayne Huo emphasized the importance of leveraging 'the strategic value of the global networks and industry expertise of our investors' to drive expansion and real-world asset tokenization efforts.

Focus on U.S. and Southeast Asia

The funding will be directed towards supporting blockchain diversification and will focus on assets such as BTC, ETH, SOL, BNB, XRP, and SUI. This initiative highlights the use of asset tokenization programs and AI-driven financial technology solutions.

Prospects and Risks

The initiative is expected to have an immediate impact on the crypto institutional market by enhancing liquidity. The development of the reserve strategy emphasizes real-world asset tokenization and aims to establish a new benchmark for ecosystem stability. Potential regulatory outcomes remain speculative, as no immediate feedback from financial authorities has been noted.

Amber International's reserve strategy may set new standards for stabilizing the cryptocurrency ecosystem and encourage further development of asset tokenization.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Russian Rostec Announces Launch of RUBx Stablecoin and RT-Pay System

chest

State-owned Rostec is set to introduce the RUBx stablecoin, fully backed by rubles, and the RT-Pay payment system for digital transactions.

user avatarGiorgi Kostiuk

Arbitrum Timeboost: Revolutionizing DeFi Transactions with $2 Million in Fees

chest

Arbitrum Timeboost introduces innovations in DeFi with $2 million in generated fees, ensuring predictability and fairness in transactions.

user avatarGiorgi Kostiuk

$123 Million Scam in Australia Involves Legitimate Business for Money Laundering

chest

An investigation reveals the complexities of a cryptocurrency scam involving legitimate businesses to launder illicit funds.

user avatarGiorgi Kostiuk

Bitcoin Miners Reduce Output in June Due to Texas Power Management

chest

Major Bitcoin mining companies reported a drop in production during June 2024 amid power curtailment issues in Texas.

user avatarGiorgi Kostiuk

Unified Liquidity: How a New Approach is Changing Decentralized Finance

chest

Discussion on unified liquidity as a solution to decentralized finance issues and increased access to funds.

user avatarGiorgi Kostiuk

Bitcoin Loses $108K Amid Dormant Coin Movements

chest

Bitcoin price falls 2% after 14-year-old coins move on-chain, sparking rumors linking it to Satoshi Nakamoto.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.