Amber International Holding (AMBR), operating as Amber Premium, said Monday it entered agreements with investors to raise $25.5 million through a private placement.

The company said it will use the net proceeds to expand institutional crypto services in the US and southeast Asia, prioritizing crypto reserve strategy, asset tokenization, and AI-AgentFi initiatives.

The placement is expected to close on July 4, according to a statement.

Shares were up 4.2% in recent trading.

Price: 11.66, Change: +0.37, Percent Change: +3.28