Amber International (Nasdaq: AMBR) Collaborates with BNB Ecosystem to Expand Institutional Reach
Amber International (Nasdaq: AMBR) Collaborates with BNB Ecosystem to Expand Institutional Reach |
[14-May-2025] |
Introducing BNB Fund with Hash Global to Amber International's US$100M crypto reserve to boost its liquidity SINGAPORE, May 14, 2025 /PRNewswire/ -- Amber International Holding Limited (Nasdaq: AMBR) ("Amber International", "AMBR", "we", "us", or the "Company"), a leading provider of institutional crypto financial services & solutions and operating under the brand name "Amber Premium," announces its strategic partnership with Web3 VC Hash Global on the new BNB Fund, following its announcement of a US$100 million crypto ecosystem reserve. These initiatives demonstrate Amber Premium's strategic focus on accelerating institutional adoption and fostering collaborations within the BNB ecosystem. 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 US$100 million crypto ecosystem reserve targets high-conviction assets including BNB and other ecosystem-aligned cryptos. This dual strategy signals the Company's confidence in the potential of these blockchain ecosystems and reinforces its leadership in institutional crypto financial solutions. "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 About Hash Global Forward-Looking Statements Media & Investor Contacts In Asia: In the United States:
SOURCE Amber International Holding Limited | ||
Company Codes: NASDAQ-NMS:AMBR |