BlockBeats News, July 1st, according to PR Newswire, Amber International, a cryptocurrency financial institution service and solutions provider under Amber Group, announced that it has successfully signed a private placement subscription agreement totaling $25.5 million. Participants in the funding round include Mile Green, Harvest Capital, Pantera Capital, Choco Up, among others.
The raised funds will be used to accelerate the expansion of Amber International's institutional-grade crypto services in key markets in the United States and Southeast Asia, with a focus on strengthening its crypto reserve strategy, advancing asset tokenization in the stablecoin and Real World Asset (RWA) space, and developing the innovative AI-AgentFi project.