AMBR News & Events

AGM Group Holdings (AGMH) signed a Memorandum of Understanding (MOU) with Amber Premium (AMBR) to jointly explore strategic collaboration opportunities in real-world asset tokenization. AGMH will collaborate with Amber Premium to complete pilot projects, focusing on validating asset-on-chain processes within a compliance framework and exploring cooperation mechanisms with regulatory agencies. AGMH's ASIC chip R&D capabilities can further optimize the computational efficiency of blockchain nodes, providing customized hardware support for RWA networks. Tokenization technology can be extended to virtual assets such as AI training data and model warrants in the future. AGMH plans to apply its RWA experience to the AI industry-for example, by using tokenized incentive mechanisms to integrate decentralized computing resources and build a decentralized AI training network. Additionally, AGMH's hardware capabilities can be combined with Amber Premium's asset management platform to develop "computing power finance" products for AI enterprises, achieving end-to-end digitalization in hardware leasing, profit distribution, and risk management.

Amber International Holding announced that its Dubai subsidiary, Amber Premium FZE, has received an in-principle approval from Dubai's Virtual Assets Regulatory Authority. The IPA, which marks the final stage before full authorization for virtual asset activities in the region, is a key step in Amber Premium's global coverage and reflects the company's commitment to operating under robust regulatory frameworks.

The Board of Directors has authorized a share repurchase program of up to $50M of the Company's ADSs over the next 12 months, starting from December 1. Under the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. The Company will effect repurchase transactions in compliance with Rule 10b-18 and Rule 10b5-1 as applicable under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The Company's Board of Directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from a combination of its cash balance and cash generated from its operations, and does not expect the repurchase program to adversely affect its existing business strategies.