Amber International Secures $25.5M in Private Funding to Supercharge Crypto Ambitions
Crypto's latest power move: Amber International just locked in a $25.5 million war chest from private investors. The digital asset player's gearing up for something big—but isn't everyone these days?
Follow the money
While traditional finance scrambles to keep up, firms like Amber keep bypassing legacy systems entirely. That $25.5M isn't just funding—it's a bet against the old guard.
The real question? Whether this capital injection will actually move the needle or just pad some exec's token portfolio. After all, in crypto, even 'strategic advancements' sometimes mean buying more Lambos.
Amber International Crypto Reserve Allocations
The Nasdaq-listed company announced its crypto reserve strategy early this year diversifying allocations in Bitcoin, ethereum and Solana.
Amber is now extending its coverage to Binance Coin, Ripple’s XRP and SUI, the announcement added. This signals a wave of institutional conviction, especially when BNB witnesses $50M scooped up by Nano Labs.
Further, XRP is regaining institutional relevance after a June dip and is holding above $2.25, while SUI’s 54% dev growth and bullish sentiment are offset by technical consolidation.
The company noted that it will use crypto reserves to align with developers operating on these blockchains, aiming to offer liquidity, capital, and technical support.
The approach directly addresses one of the critical pain points – the lack of institutional-grade infrastructure to support blockchain adoption and scalability.
“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,” Amber noted. Amber’s stock closed down 6.7% on Thursday, per Yahoo Finance data. Further, the shares have dropped 23.8% in the past five days and 12% in the last month