Metalpha secures $12 million strategic investment from Avenir Group and Gortune
Foresight News reported that blockchain and trading technology solutions provider Metalpha has announced the signing of definitive subscription agreements with two strategic investment institutions, Gortune International Investment Limited Partnership and Avenir Group. Through a private placement, Metalpha will issue common shares to raise a total of approximately $12 million. The transaction is expected to be completed around November 30, 2025, subject to customary closing conditions. Metalpha plans to use the net proceeds from this strategic investment to accelerate the company's business development plans, including expanding its blockchain trading services, investing in innovative digital asset technologies, and for general working capital purposes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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