Treasure Global Launches $100 Million Digital Asset Finance Strategy

Odaily News Treasure Global Inc. (NASDAQ: TGL), a Nasdaq-listed company and e-commerce platform operator, announced the launch of a $100 million digital asset fund to strengthen its digital infrastructure and support the launch of its AI consumer intelligence platform. The program is funded in two parts: $50 million from existing equity financing agreements and another $50 million from new investments from strategic institutional investors. The funds will be used in phases to allocate blockchain native assets such as Bitcoin, Ethereum and regulated stablecoins, aiming to improve capital efficiency and lay the foundation for future tokenization, loyalty programs and blockchain settlement systems. (GlobeNewswire)