US-listed company Treasure Global launches a $100 million digital asset reserve plan.
June 5, 2025 /PRNewswire/ -- Treasure Global Inc., an e-commerce platform operator, ( NASDAQ: TGL) today announced the launch of a $100 million digital asset funding reserve plan as an important part of its strategy to strengthen its digital infrastructure to support its AI-powered consumer intelligence platform, which will launch in the third quarter of 2025. It is reported that the fund reserve plan is supported by dual capital sources: $50 million from existing equity financing agreements; $50 million through new funding commitments from strategic partner agencies.
This strategy enables Treasure Global to acquire select blockchain-native assets in a phased manner, including Bitcoin (BTC), Ethereum (ETH) and regulated stablecoins ( depending on the availability of funds and market conditions ). Although the facility has not been fully utilized, the Company may submit a supplemental registration statement in due course to support subsequent drawdowns.
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US-listed company Treasure Global launches a $100 million digital asset reserve plan.
June 5, 2025 /PRNewswire/ -- Treasure Global Inc., an e-commerce platform operator, ( NASDAQ: TGL) today announced the launch of a $100 million digital asset funding reserve plan as an important part of its strategy to strengthen its digital infrastructure to support its AI-powered consumer intelligence platform, which will launch in the third quarter of 2025. It is reported that the fund reserve plan is supported by dual capital sources: $50 million from existing equity financing agreements; $50 million through new funding commitments from strategic partner agencies.
This strategy enables Treasure Global to acquire select blockchain-native assets in a phased manner, including Bitcoin (BTC), Ethereum (ETH) and regulated stablecoins ( depending on the availability of funds and market conditions ). Although the facility has not been fully utilized, the Company may submit a supplemental registration statement in due course to support subsequent drawdowns.
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