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🎉 Gate 2025 Gala | Year-End Selection
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U.S. listed company Treasure Global launches a $100 million digital asset reserve plan.
On June 5, e-commerce platform operator Treasure Global Inc. (NASDAQ: TGL) today announced the launch of a $100 million digital asset capital reserve program 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 partners. This strategy enables Treasure Global to acquire select blockchain-native assets in phases, including Bitcoin (BTC), Ethereum (ETH), and regulated stablecoins (subject to funding availability 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.