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Metalpha has secured a strategic investment of $12 million from Avenir Group and Gortune.
Foresight News reports that Metalpha, a provider of blockchain and trading technology solutions, has announced that it has signed a final subscription agreement with two strategic investment institutions, Gortune International Investment Limited Partnership and Avenir Group, to issue common stock through a private sale, raising a total of approximately $12 million. The transaction is expected to be completed around November 30, 2025, but is subject to customary closing conditions. Metalpha plans to use the net proceeds from this strategic investment to accelerate the company's business development plans, including expanding its blockchain trading services, investing in innovative digital asset technologies, and for general working capital purposes.