Kingkey Financial International’s Strategic Investment
On June 30, 2025, after market hours, Kingkey Financial International, a publicly traded entity in Hong Kong under the stock code 01468, made a significant move in the financial market by establishing a subscription agreement with Amber International Holding Limited. This deal, valued at around $12 million, involves Kingkey subscribing to 5.7416 million shares of Class A common stock, each priced at $2.09, with a par value of $0.001 per share.
Rationale Behind the Investment
The rationale behind this investment is part of Kingkey’s broader strategic initiative, which includes the formation of an investment committee tasked with exploring opportunities within the realm of digital assets. This endeavor is expected to broaden the scope of Kingkey’s investment portfolio and enable the company to venture into the field of institutional cryptocurrency services, ultimately supporting their prior engagement with digital asset exploration, as initially shared in earlier disclosures.
According to Zhixin Finance, this investment represents a pivotal step for Kingkey Financial as it navigates the evolving landscape of digital finance.
