Amber Group's listed subsidiary Amber International's stock token has been launched on xStocks, becoming the first listed company in Asia

Amber Group announced on platform X 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.

The official statement indicates that this move marks an important step in the integration of traditional finance and on-chain finance, and the efficient performance of the Solana network will help create an all-weather, composable, and universally accessible capital market.

Previously reported, Amber International raised $25.5 million in private financing, intending to enhance its "$100 million cryptocurrency reserve plan."