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Amber Group's listed subsidiary Amber International's stock token has been launched on XStocks, becoming the first listed company in Asia.
According to Mars Finance, Amber Group announced on the X platform that its listed subsidiary Amber International (NASDAQ: AMBR) is conducting on-chain trading on Solana through the @xStocksFi alliance, becoming the first Asian listed company. Officially, this move marks an important step in the integration of TradFi and on-chain finance, and the efficient performance of the Solana network will help create an all-weather, composable, and universally accessible capital market. Previous reports indicated that Amber International raised $25.5 million in a private sale to enhance its $100 million Crypto Assets reserve program.