TechFlow, Oct 30 — Metalpha Technology Holding Limited (Nasdaq: MATH) today announced that it has entered into a definitive subscription agreement with Gortune International Investment Limited Partnership and Avenir Group to secure approximately $12 million in strategic investment through a private placement of ordinary shares. The transaction is expected to be completed by November 30, 2025.
Metalpha plans to use the proceeds to accelerate its business development, including expanding blockchain trading services, investing in innovative digital asset technologies, and supplementing working capital.
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