Amber International (Nasdaq: AMBR) Collaborates with BNB Ecosystem to Expand Institutional Reach
Rhea-AI Summary
Amber International (AMBR) has announced a strategic partnership with Web3 VC Hash Global to launch a new BNB Fund, following its recent commitment of a US$100 million crypto ecosystem reserve. The BNB Fund aims to provide institutional investors with blockchain-native income products focused on the BNB Chain ecosystem. The crypto reserve will target high-conviction assets including BNB and other ecosystem-aligned cryptocurrencies.
The dual initiative demonstrates Amber Premium's focus on accelerating institutional adoption within the BNB ecosystem, which is gaining significant traction among major financial investors. CEO Wayne Huo emphasized the company's commitment to driving institutional client growth, while Hash Global's Founder James Shen expressed strong confidence in BNB's long-term prospects.
Positive
- Strategic partnership with Hash Global enhances institutional product offerings
- Commitment of US$100 million crypto ecosystem reserve shows financial strength
- Expansion into the growing BNB ecosystem opens new market opportunities
- Development of new blockchain-native income products for institutional investors
Negative
- Significant capital allocation to crypto assets may expose company to market volatility
- Heavy focus on single ecosystem (BNB) could present concentration risk
News Market Reaction
On the day this news was published, AMBR gained 3.85%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Introducing BNB Fund with Hash Global to Amber International's
The BNB ecosystem is gaining strong traction among major financial investors with its robust infrastructure and innovative DeFi solutions. In partnership with Hash Global, the BNB Fund provides institutional investors with a blockchain-native income product tailored to meet the surging demand for yield opportunities on BNB Chain.
Complementing this, Amber Premium's
"By introducing the BNB Fund to Amber Premium's platform and our substantial crypto reserve, we are committed to driving the next phase of institutional client growth within this high-impact blockchain and within the crypto industry," said Wayne Huo, CEO of Amber Premium. "We look forward to exploring strategic synergies with Binance, YZi Labs and other key BNB ecosystem innovators."
James Shen, Founder of Hash Global, commented: "BNB stands as the core asset within the Binance ecosystem, showcasing both clear value and strong growth potential. At Hash Global, we firmly believe in BNB's long-term prospects. Through our collaboration with Amber International, we aim to elevate BNB's recognition and drive value discovery among traditional financial institutions."
About Amber International Holding Limited
Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name "Amber Premium", is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at www.ambr.io
About Hash Global
Since founded in 2018, Hash Global has invested in over 80 Chinese Web3 start-ups, and through our subsidiary HG Labs in
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Media & Investor Contacts
In
Amber International Holding Limited
Serena Wang
Tel: +65 6022 0228
E-mail: pr@ambr.io | ir@ambr.io | ambr@paradigmconsulting.com.hk
In
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: amber@iecapitalusa.com
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SOURCE Amber International Holding Limited