US-listed company Treasure Global has launched a $100 million digital asset reserve plan

On June 5th, the e-commerce platform operator Treasure Global Inc. (Nasdaq: TGL) announced today the commencement of a $100 million digital asset reserve plan. This serves as a crucial element of its enhanced digital infrastructure strategy, which is designed to support its upcoming Artificial Intelligence Consumer Intelligence Platform scheduled to be launched in the third quarter of 2025. It is reported that the reserve plan is backed by two sources of capital. One is $50 million from an existing equity financing agreement, and the other is $50 million through a new funding commitment from strategic partner institutions. This strategy allows Treasure Global to gradually acquire selected blockchain-native assets, such as Bitcoin (BTC), Ethereum (ETH), and regulated stablecoins (depending on the availability of funds and market conditions). Although the full financing amount has not been fully utilized yet, the company may timely submit a supplemental registration statement to support additional fund withdrawals.