PANews reported on July 2 that according to Zhitong Finance, Kingkey Financial International (01468), a Hong Kong-listed company, announced on June 30, 2025 (after trading hours) that it had signed a subscription agreement with Amber International Holding Limited. According to the agreement, Kingkey Financial International will subscribe for 5.7416 million Class A common shares issued by Amber International at a price of approximately US$12 million, with a subscription price of US$2.09 per share.

The pricing is based on the volume-weighted average price of Amber International's ADS (American Depositary Shares) on Nasdaq of $11.00 from June 25 to 27, 2025, and is set at $10.45/ADS after a 5% discount. Each ADS corresponds to 5 Class A common shares, so the price per Class A common share is $2.09.

The announcement pointed out that this subscription is a strategic financial investment and an important step in the group's diversified investment portfolio, aimed at entering the field of institutional encryption services, which is consistent with the previous announcement on exploring digital assets.