U.S. listed company Treasure Global launches a $100 million digital asset financial strategy
ChainCatcher news, Nasdaq-listed company and e-commerce platform operator Treasure Global Inc. (NASDAQ: TGL) announced the launch of a $100 million digital asset fund plan to enhance its digital infrastructure and support the rollout of its AI consumer intelligence platform. The funding for this plan consists of two parts: $50 million from an existing equity financing agreement, and another $50 million from new investments by strategic institutional investors. The funds will be allocated in phases to acquire blockchain-native assets such as Bitcoin, Ethereum, and regulated stablecoins, aiming to improve capital efficiency and lay the groundwork for future tokenization, loyalty programs, and blockchain settlement systems.
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