Home > Quick > Body

Kingkey Financial International spends $12 million to subscribe to Amber International shares

clock
2025-07-02 12:39:13
Kingkey Financial International (01468), a Hong Kong-listed company, announced that on June 30, 2025 (after the trading hours), the company entered into a subscription agreement with the issuer Amber International Holding Limited, pursuant to which the issuer agreed to issue and the company agreed to subscribe for the subscription shares, at a consideration of approximately US $12 million.
The announcement stated that the subscription is a strategic financial investment that is in line with the group's near-term plans, including the establishment of an investment committee to oversee digital asset business opportunities. The investment is expected to diversify the company's portfolio into institutional crypto services, consistent with its previous voluntary announcement on exploring digital assets. (Zhitong Finance)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.