Binance-Backed Amber Group Secures $25.5M to Strengthen $100M Crypto Reserve Strategy

Amber International Holding (AMBR), a subsidiary of the prominent crypto trading firm Amber Group, has successfully raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve. This strategic fund, launched earlier this year, is designed to foster growth across blockchain networks and has attracted investments from heavyweight players like Pantera Capital and Kingkey Financial International. The move underscores the increasing institutional confidence in the crypto sector and highlights Amber Group's commitment to driving innovation and scalability in the blockchain ecosystem. With this fresh capital injection, the company is poised to accelerate its initiatives, further solidifying its position as a key player in the crypto market. The involvement of Binance-affiliated entities in this development signals a broader industry trend of collaboration and strategic investment in blockchain infrastructure.

Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy

Amber International Holding (AMBR), a subsidiary of crypto trading firm Amber Group, has secured $25.5 million in a private placement to bolster its $100 million Crypto Ecosystem Reserve. The fund aims to support strategic growth across blockchain networks, with participation from notable investors including Pantera Capital and Kingkey Financial International.

The reserve, launched earlier this year, focuses on long-term investments in blockchain infrastructure. Initial allocations included Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with plans to expand into Binance Coin (BNB), Ripple's XRP, and Sui (SUI). The firm emphasizes alignment with developers and protocols through capital, liquidity, and product support.

Institutional demand for real-world asset tokenization and emerging applications like AgentFi is driving the reserve's expansion. The MOVE reflects a broader trend among crypto-native firms to strengthen treasury strategies.

India’s NCB Cracks ‘Ketamelon’ Darknet, Seizes $82K in USDT

India’s Narcotics Control Bureau (NCB) has dismantled the darknet drug syndicate 'Ketamelon,' seizing $82,000 worth of USDT in a targeted operation. The crackdown, led by the NCB Cochin Zonal Unit, uncovered 1,127 LSD blotters, 131.66 grams of ketamine, and a hardware wallet containing the cryptocurrency.

The syndicate, operated by two individuals, allegedly made 600 drug deliveries across major Indian cities over 14 months. Authorities traced the operation after intercepting three parcels containing 280 LSD blotters in Kochi on June 28, 2025. Subsequent raids revealed additional narcotics, darknet access tools, and encrypted documents.

NCB is now scrutinizing cryptocurrency transactions on platforms including Binance. The seizure highlights the growing intersection of digital assets and illicit activities, underscoring the need for robust blockchain surveillance.