Pioneering the Future: Amber International's On-Chain Revolution
Amber International's Groundbreaking On-Chain Share Offering
Amber International Holding Ltd. has achieved a significant milestone by becoming the inaugural publicly traded company from Asia to launch its shares on a blockchain. These shares, designated as AMBRx, are now actively trading on the Solana blockchain, as confirmed by CEO Wayne Huo during a recent online seminar.
Enhanced Accessibility Through the xStocks Alliance
Through its collaboration with Kraken and Swiss-based Backed, Amber International's AMBRx shares are now accessible to investors worldwide via the xStocks Alliance. This innovative platform provides uninterrupted, round-the-clock blockchain-based access to a diverse range of tokenized assets, including prominent U.S. equities and exchange-traded funds, alongside digital giants like Apple, Tesla, and Nvidia.
Strategic Capital Infusion and Ecosystem Expansion
This pioneering venture by Amber International comes on the heels of a successful $25.5 million private placement. The funding round saw participation from notable investors, including Mile Green, an entity linked to Thailand's CP Group and led by Chatchaval Jiaravanon, as well as the U.S. blockchain venture capital firm Pantera Capital. These newly acquired funds are earmarked to bolster the company's strategic investments in high-potential cryptocurrencies such as Bitcoin, Ethereum, and Solana, further developing its ambitious $100 million crypto ecosystem reserve.
Forging Alliances in the Digital Asset Arena
As a leading institutional crypto services provider based in Singapore, Amber International has been actively pursuing strategic partnerships within the cryptocurrency industry. These collaborations are integral to strengthening its market presence and diversifying its service portfolio, positioning the company at the forefront of digital finance innovation.