Amdax Secures $23.4 Million in Financing on August 29, 2025
According to media reports, Amdax secured $23.4 million in financing on August 29, 2025. Following this round, Amdax's total cumulative financing has reached $23.4 million.Amdax is a cryptocurrency service provider specializing in investment, custody, and trading services. Notably, prior to this financing, Amdax announced plans on August 18, 2025, to establish a listed company, AMBTS, and set a long-term goal of acquiring 210,000 bitcoins. This strategic initiative demonstrates Amdax's confidence in its long-term development within the cryptocurrency market and its strong conviction in bitcoin as a digital asset.Amid the rapid development of the cryptocurrency industry, the emergence of specialized service providers like Amdax is expected to deliver more standardized and secure crypto asset services for institutional and individual investors. This latest financing will further strengthen Amdax's market competitiveness, support the achievement of its long-term objectives, and contribute to the standardization and development of the cryptocurrency sector.
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