Publicly listed company Treasure Global launches $100 million digital asset financial strategy

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PANews
06-04
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PANews news on June 4th, according to GlobeNewswire, Nasdaq-listed e-commerce platform operator Treasure Global Inc. (NASDAQ: TGL) announced the launch of a $100 million digital asset treasury plan to strengthen its digital infrastructure and support the launch of an AI consumer intelligence platform. The plan's funding consists of two parts: $50 million from an existing equity financing agreement and an additional $50 million from new strategic institutional investor contributions. The funds will be used in stages to allocate blockchain-native assets such as Bitcoin, Ethereum, and regulated stablecoins, aiming to improve fund efficiency and lay the groundwork for future tokenization, loyalty programs, and blockchain settlement systems.

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