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US-listed company Treasure Global has launched a $100 million digital asset reserve plan

2025-06-05 01:02

BlockBeats News, June 5th, e-commerce platform operator Treasure Global Inc. (Nasdaq: TGL) announced today the launch of a $100 million digital asset reserve plan as a key part of its strengthened digital infrastructure strategy to support its upcoming Artificial Intelligence Consumer Intelligence Platform scheduled for launch in the third quarter of 2025.


It is reported that the reserve plan is supported by dual sources of capital: $50 million from an existing equity financing agreement; $50 million through a new funding commitment from strategic partner institutions.


This strategy enables Treasure Global to gradually acquire selected blockchain native assets, including Bitcoin (BTC), Ethereum (ETH), and regulated stablecoins (depending on fund availability and market conditions). While the full financing amount has not yet been fully utilized, the company may timely submit a supplemental registration statement to support additional fund withdrawals.

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