Amber International (Nasdaq: AMBR) Collaborates with BNB Ecosystem to Expand Institutional Reach
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
Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name 'Amber Premium', is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at www.ambr.io
About Hash Global
Since founded in 2018, Hash Global has invested in over 80 Chinese Web3 start-ups, and through our subsidiary HG Labs in Hong Kong, we incubate early-stage Web3 projects. We are committed to applying value investment philosophy and evaluation frameworks in Web3 investments, managing multiple secondary market funds.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'potential,' 'continue,' 'is/are likely to' or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Media & Investor Contacts
In Asia:
Amber International Holding Limited
Serena Wang
Tel: +65 6022 0228
E-mail: [email protected] | [email protected] | [email protected]
In the United States:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: [email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/amber-international-nasdaq-ambr-collaborates-with-bnb-ecosystem-to-expand-institutional-reach-302455250.html
SOURCE Amber International Holding Limited
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Forbes
32 minutes ago
- Forbes
Fauré Le Page Doesn't Identify As A Luxury Brand—Why That Matters
The Ladies First Bag is the Parisian Chic House's new, all-leather piece. It's rare for a heritage fashion house to dismiss the luxury label outright—especially one with 300 years of history. Yet at the recent Manila launch of Fauré Le Page's Ladies First bag, Augustin de Buffévent, the brand's Artistic & Communications Director, was quick to reject the term. 'We have nothing to do with luxury,' he stated in a matter-of-fact tone. 'We are a Parisian chic house and I am not at ease with the concept of luxury. To me, it doesn't mean anything anymore.' That distinction matters. Across Asia, brands are being forced to rethink what luxury actually means. According to a report, 87% of consumers now favor timelessness over trends while 80–92% rank material quality and craftsmanship above brand prestige when defining luxury. Meanwhile, the industry faces a reckoning with another industry report estimating the loss of some 50 million luxury buyers last year as inflation eats into purchasing power. In that context, Fauré Le Page's position feels less rebellious than it does well-calculated. The Ladies First bag marks a quiet milestone for the house. It's their first all-leather line, made from full-grain Armure Leather inspired by 18th-century cuirasses. The silhouette is structured but feminine, blending heritage with ease. Barrel-shaped clasps and bullet-like zipper pulls are subtle nods to the brand's origin as a purveyor of firearms to French nobility—though de Buffévent is quick to clarify: 'It's not a weapon. It's a weapon of seduction.' There's no rush here. Unlike fast‑fashion cycles or trendier labels vying for virality, Fauré Le Page plays a long game. 'Long-lasting items take time. We don't follow the crazy rhythm of fashion,' says de Buffévent. With rigorous 'torture tests' built into production, each bag is crafted to last—preferably a decade or more. He beams, 'I'm proud when I see someone carrying the same bag after ten years. Even more when my daughters steal bags from my wife.' I'm proud when I see someone carrying the same bag after ten years. Even more when my daughters steal bags from my wife. This slow‑craft approach aligns with evolving consumer behavior. A recent study found that 87% of luxury buyers across China, Japan, and Southeast Asia now prioritize quality, craftsmanship, and long‑term value over mere brand prestige, underscoring the rising demand for meaningful, substance‑driven luxury. The timing couldn't be more relevant. Some of the industry's biggest players have faced criticism over quality despite hiking prices. In May of this year, a TikTok user went viral after claiming that the straps of her Goyard St. Louis PM tote melted during a warm spring day, leaving stains on her shirt and questions about the bag's durability. It wasn't even summer yet. Incidents like this are fueling conversations about whether today's 'luxury' still lives up to the name. Other labels haven't been spared either: Chanel's classic flap bags have drawn complaints over uneven stitching and delicate leather, while Prada's nylon pieces have been criticized for fraying seams and faulty zippers after minimal use—all despite repeated price hikes in the last few years. So, who is the Ladies First bag made for? Forget demographics. 'I hate the term 'fashion victim,'' de Buffévent says. 'Women should create their own style. This bag is the perfect accessory for that.' With its sturdy form, refined detailing, and rich symbolism, it's less about signaling wealth and more about wearing conviction. At the launch of Fauré Le Page's Ladies First bag in Manila. Nikki Huang (Rustan's Commercial Group Merchandising Consultant), Augustin de Buffevént (Fauré Le Page Artistic & Communications Director), Anton Huang (SSI Group President) and Stephanie Chong (Fauré Le Page Philippines General Manager) Rather than chasing the new, Fauré Le Page refines what's already timeless. 'We're not in the fashion business,' he reiterates. 'Quality is at the heart.' And for a growing number of buyers, that's where real luxury now lives. In a market bloated with disposable 'It' bags and seasonal logo drops, Fauré Le Page offers a slower and sturdy alternative: one that values craft over clout, style over spectacle. With Ladies First, they are launching a new silhouette while sending a message. For those who are done with flash and ready for substance, this may be the new standard of luxury.
Yahoo
42 minutes ago
- Yahoo
Top Stock Market Highlights of the Week: Jetstar Asia, Link REIT and Centurion Corporation
Welcome to this week's edition of top stock market highlights. In a surprise shake-up of the budget airline industry, Singapore-based low-cost airline Jetstar Asia announced that it will cease operations on 31 July. This closure is part of a 'strategic restructure' by its parent company, Qantas (ASX: QAN). More than 500 employees will lose their jobs because of this closure, but Jetstar Asia will provide support, which includes retrenchment benefits and employment opportunities either within the Qantas group or elsewhere. The low-cost carrier will continue to operate flights in the next seven weeks out of Singapore while slowly scaling down its operations till 31 July. The closure was blamed on escalating supplier costs, airport fees, and aviation charges. The airline also cited growing capacity and intense competition in the region as factors that influenced its decision. Jetstar Asia was expected to post a loss of A$35 million before interest and taxes are factored in for this financial year (ending 30 June 2025). Records from the Accounting and Corporate Regulatory Authority (ACRA) show that the airline has been bleeding for several years. Of the four fiscal years stretching from 30 June 2021 to 30 June 2024, the airline was profitable for just one fiscal year, turning in a profit of S$12.5 million in 2023. With costs expected to continue increasing, the airline said that it would put pressure on its ability to offer low fares, thus forcing it to shut down. Retrenched employees will receive a payment of four weeks per year of service, a bonus for this fiscal year, a special 'thank you' payment, and other benefits. Singapore Airlines (SGX: C6L) has stepped in to explore potential employment opportunities for affected staff and is working closely with Jetstar Asia. 16 routes are affected by Jetstar Asia's closure, but 12 of these are served by other airlines. Changi Airport Group (CAG) will work to restore connectivity for the remaining four locations. Ground handler SATS Ltd (SGX: S58) is also working with Jetstar Asia to ensure a smooth and orderly transition. Link REIT is looking at listing a REIT in Singapore that includes properties from outside of China and Hong Kong. Early discussions are being held with advisers on the potential initial public offer (IPO), but the company has not decided to proceed. This IPO news is coming at a time when Link REIT is looking to diversify its operations away from property management. If the IPO goes ahead, it will be good news for the Singapore market as it struggles to reverse a trend of delistings. Since the beginning of 2024, just five companies have gone public on the Singapore Exchange (SGX: S68), or SGX. Another company is also considering a REIT listing on the Singapore bourse. Centurion Corporation has followed up on its January 2025 announcement that it was exploring the establishment of a REIT by submitting a listing application to the SGX and the Monetary Authority of Singapore (MAS). The application is currently under review. As a recap, Centurion announced in January that it was aiming to list a REIT seeded with its worker and student accommodation assets. The REIT will be sponsored by Centurion, and the company will be working with DBS Group (SGX: D05) and UBS to explore a proposed listing. The listing will be subject to market conditions, commercial negotiations, and approvals being obtained from both SGX and MAS before it can proceed. The last time Centurion attempted to list its properties via a REIT was a decade ago in 2015. Back then, the listing plan was postponed after consultations with SGX. The exchange commented that listing a REIT would constitute a 'chain listing' if the assets and operations of the applicant are substantially the same as the parent company. As of 31 March 2025, Centurion owns and manages a portfolio of 37 accommodation assets totalling 69,929 beds. As of this writing, shares of Centurion are up 59% year-to-date and have touched an all-time high of S$1.56. When the market is unpredictable, where can you park your money with confidence? Our latest FREE report reveals 5 Singapore dividend-payers built to withstand global storms. Get it now and see what's still worth holding. Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! Disclosure: Royston Yang owns shares of DBS Group and Singapore Exchange. The post Top Stock Market Highlights of the Week: Jetstar Asia, Link REIT and Centurion Corporation appeared first on The Smart Investor. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Skift
4 hours ago
- Skift
Air India Outlines Compensation, Relief Efforts After AI171 Crash
Air India's response following the AI171 crash has been swift and measured as it tries to counter misinformation. Air India Liveblog Ongoing coverage of the crash of Air India flight 171 from Skift's editorial team in India, Europe, and the United States. Ongoing coverage of the crash of Air India flight 171 from Skift's editorial team in India, Europe, and the United States. Get the Latest Updates Skift's coverage of the Air India crash is offered free to all readers. After Air India Flight AI171 crashed minutes after takeoff in Ahmedabad on Thursday, the airline confirmed the tragedy on X about 50 minutes later. Since then, it has posted two video messages from CEO Campbell Wilson, set up help centers and helplines, and provided regular updates as the situation unfolds. The airline's communication on X has been important in countering any misinformation. In the early hours of Friday, Air India confirmed that the total number of passenger and crew fatalities in the crash was 241 out of 242 onboard, with the sole survivor undergoing treatment. Here's what Air India has done so far: Messages From Campbell Wilson, Air India's Optics Since the crash, Air India shared two video messages by CEO Campbell Wilson. In the first video message, posted about six hours after the crash, Wilson confirmed the accident and talked about the status of efforts from Air India. The message came at a time when media channels in India were speculating about the number of casualties in the crash, even as rescue operations were underway. The video message, shot against a grey backdrop with Wilson dressed in a somber black suit, helped the airline set the tone. Air India also changed the colors of its website to black and white. Wilson shared his second video message late Friday evening from Ahmedabad to give more updates on the situation and reiterate the airline's support in the investigations. Wilson's video statement released Thursday shortly after the crash had striking similarities to the response from American Airlines CEO Robert Isom after the January crash of American Flight 5342 near Washington, D.C. Air India did not immediately respond to a request for comment on the similarities. However, during tragic incidents like the Air India crash, airline CEOs tend to follow a similar format in their statements. Airlines also pre-plan emergency responses to a range of scenarios. The International Air Transport Association recommends that airline crisis communications include templates for initial statements for an accident. IATA also recommends that the CEO serve as the primary spokesperson when responding to an incident. 'In principle, the CEO should be the primary spokesperson after an accident if there is loss of life or serious injuries,' IATA's best practices for the aviation industry guidebook reads. 'Their involvement demonstrates that he/she has taken personal responsibility for overseeing the response and understands the impact on those affected.'