Amber International Announces Integration of Sparrow Tech and its Business in Singapore
Amber International (Nasdaq: AMBR) has announced the integration of Sparrow Tech Private as its indirect, wholly owned subsidiary in Singapore. Sparrow Tech, which holds a Major Payment Institution (MPI) License from the Monetary Authority of Singapore for Digital Payment Token services, will be rebranded as Amber Premium Singapore by April 30, 2025.
The integration aims to enhance client experience and consolidate services on a unified platform compliant with local regulatory guidelines. Sparrow Tech operates a digital asset platform providing institutional-grade solutions for sophisticated investors. This move aligns with Amber Premium's strategy to deliver compliant, institutional-grade crypto financial services across Asia and globally.
Amber International (Nasdaq: AMBR) ha annunciato l'integrazione di Sparrow Tech Private come sua controllata indiretta e interamente posseduta a Singapore. Sparrow Tech, titolare di una licenza Major Payment Institution (MPI) rilasciata dalla Monetary Authority of Singapore per i servizi di Digital Payment Token, sarà rinominata Amber Premium Singapore entro il 30 aprile 2025.
L'integrazione mira a migliorare l'esperienza dei clienti e a consolidare i servizi su una piattaforma unificata conforme alle normative locali. Sparrow Tech gestisce una piattaforma di asset digitali che offre soluzioni di livello istituzionale per investitori sofisticati. Questa operazione è in linea con la strategia di Amber Premium di fornire servizi finanziari cripto conformi e di livello istituzionale in Asia e a livello globale.
Amber International (Nasdaq: AMBR) ha anunciado la integración de Sparrow Tech Private como su subsidiaria indirecta y totalmente propiedad en Singapur. Sparrow Tech, que posee una licencia Major Payment Institution (MPI) otorgada por la Monetary Authority of Singapore para servicios de Digital Payment Token, será renombrada como Amber Premium Singapore antes del 30 de abril de 2025.
La integración tiene como objetivo mejorar la experiencia del cliente y consolidar los servicios en una plataforma unificada que cumpla con las normativas locales. Sparrow Tech opera una plataforma de activos digitales que ofrece soluciones de nivel institucional para inversores sofisticados. Esta acción está alineada con la estrategia de Amber Premium de ofrecer servicios financieros cripto conformes y de nivel institucional en Asia y a nivel global.
Amber International (나스닥: AMBR)는 싱가포르에서 Sparrow Tech Private를 간접적으로 완전 소유한 자회사로 통합한다고 발표했습니다. Sparrow Tech는 싱가포르 금융관리국(Monetary Authority of Singapore)으로부터 디지털 결제 토큰 서비스에 대한 Major Payment Institution (MPI) 라이선스를 보유하고 있으며, 2025년 4월 30일까지 Amber Premium Singapore로 브랜드명이 변경될 예정입니다.
이번 통합은 고객 경험을 향상시키고 현지 규제 지침을 준수하는 통합 플랫폼에서 서비스를 통합하는 것을 목표로 합니다. Sparrow Tech는 정교한 투자자를 위한 기관급 디지털 자산 플랫폼을 운영하고 있습니다. 이번 조치는 Amber Premium이 아시아 및 전 세계에 걸쳐 규정을 준수하는 기관급 암호화폐 금융 서비스를 제공하겠다는 전략과 부합합니다.
Amber International (Nasdaq : AMBR) a annoncé l’intégration de Sparrow Tech Private en tant que filiale indirecte et entièrement détenue à Singapour. Sparrow Tech, titulaire d’une licence Major Payment Institution (MPI) délivrée par la Monetary Authority of Singapore pour les services de Digital Payment Token, sera renommée Amber Premium Singapore d’ici le 30 avril 2025.
Cette intégration vise à améliorer l’expérience client et à consolider les services sur une plateforme unifiée conforme aux réglementations locales. Sparrow Tech exploite une plateforme d’actifs numériques offrant des solutions de niveau institutionnel pour les investisseurs avertis. Cette initiative s’inscrit dans la stratégie d’Amber Premium de fournir des services financiers crypto conformes et de niveau institutionnel à travers l’Asie et dans le monde.
Amber International (Nasdaq: AMBR) hat die Integration von Sparrow Tech Private als indirekte, vollständig im Besitz befindliche Tochtergesellschaft in Singapur bekannt gegeben. Sparrow Tech, das über eine Major Payment Institution (MPI)-Lizenz der Monetary Authority of Singapore für Digital Payment Token-Dienste verfügt, wird bis zum 30. April 2025 in Amber Premium Singapore umbenannt.
Die Integration zielt darauf ab, das Kundenerlebnis zu verbessern und Dienstleistungen auf einer einheitlichen, den lokalen Vorschriften entsprechenden Plattform zu bündeln. Sparrow Tech betreibt eine digitale Asset-Plattform, die institutionelle Lösungen für anspruchsvolle Investoren bietet. Dieser Schritt entspricht der Strategie von Amber Premium, konforme, institutionelle Krypto-Finanzdienstleistungen in Asien und weltweit anzubieten.
- Acquisition of regulated entity with MPI License in Singapore
- Strategic expansion into regulated Asian crypto market
- Enhanced regulatory compliance through licensed subsidiary
- Consolidation of services under unified global brand
- None.
Insights
Amber's integration of licensed Sparrow Tech strengthens its regulatory foothold in Singapore's crypto market with minimal financial impact.
Amber International's integration of Sparrow Tech represents a strategic regulatory alignment rather than a new business acquisition. The Singapore-incorporated entity already holds a Major Payment Institution (MPI) License from the Monetary Authority of Singapore, authorizing Digital Payment Token services under the Payment Services Act. This regulatory approval effectively formalizes Sparrow Tech's status as an indirect wholly-owned subsidiary of Amber.
The rebranding to Amber Premium Singapore by April 30, 2025, creates brand consistency across Amber's operations while maintaining the valuable regulatory permissions associated with the original entity. This consolidation aligns with industry best practices of unifying client experiences under a consistent brand identity while preserving regulatory authorizations.
For institutional investors, this integration offers two primary benefits: simplified access to compliant services and reduced regulatory fragmentation. Singapore continues to position itself as a key regulatory-forward jurisdiction for digital assets in Asia, making this regulatory consolidation strategically sound for Amber's institutional client base.
While the operational streamlining likely delivers some efficiency benefits, the article provides no financial metrics or projections to quantify the economic impact of this integration. Without specific financial details, this appears to be an incremental improvement in operational structure rather than a transformative business development.
Amber's regulatory consolidation in Singapore demonstrates commitment to compliance but represents routine operational alignment.
The regulatory approval for Sparrow Tech to become an indirect wholly-owned subsidiary of Amber International represents a structural alignment of the company's Singapore operations. This integration focuses on regulatory continuity rather than expanding capabilities, as Sparrow Tech already possessed the Major Payment Institution License from the Monetary Authority of Singapore.
Singapore's regulatory framework for digital assets under the Payment Services Act creates significant compliance obligations for Digital Payment Token service providers. These include stringent anti-money laundering protocols, consumer protection measures, and risk management requirements - all essential elements for serving institutional clients seeking regulatory certainty.
The rebranding to Amber Premium Singapore maintains the regulatory authorizations while creating brand consistency - an approach that preserves regulatory permissions while improving client navigation of services. This consolidation aligns with Amber's stated mission of delivering compliant, institutional-grade crypto financial services.
From a regulatory perspective, this integration represents standard corporate streamlining rather than a significant expansion of capabilities. The move demonstrates Amber's continued commitment to operating within established regulatory frameworks, but doesn't fundamentally alter its regulatory positioning. For institutional clients evaluating digital asset service providers, such regulatory clarity is a baseline expectation rather than a competitive differentiator.
Sparrow Tech holds a Major Payment Institution (MPI) License issued by the Monetary Authority of
As part of the integration, Sparrow Tech is being rebranded to Amber Premium Singapore, aligning the platform with the Company's global brand identity and strategic mission to deliver compliant, institutional-grade crypto financial services across
"The integration of Sparrow Tech into Amber International is more than a corporate milestone—it reflects our long-term commitment to building a globally compliant, institutional-grade digital asset platform anchored in
About Amber International Holding Limited
Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name "Amber Premium", is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at www.ambr.io.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) the risk that that the Company relies on the arrangements with AB and/or Amber DWM to achieve substantially the same economic benefits of certain subsidiaries and the contracts as initially contemplated in the DWM Merger Agreement, which may not be as effective as direct ownership and could lead to other adverse effect on the Company; (ii) risks related to the performance of the amendment, waiver and framework agreement, including the expected timing and likelihood of receipt of the regulatory approvals contemplated therein; (iii) the risk that the Company's business lines are nascent, not fully proven by market and subject to material legal, regulatory, operational, reputational, tax and other risks in the jurisdictions where it operates; (iv) the risk of declining prices of digital assets and reduced transaction volumes conducted by the Company; and (v) regulatory and market risks related to cryptocurrencies and digital assets and in the jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other filings with the SEC. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Media & Investor Contacts
In
Amber International Holding Limited
Serena Wang
Tel: +65 6022 0228
E-mail: pr@ambr.io | ir@ambr.io | amber@paradigmconsulting.com.hk
In
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: amber@iecapitalusa.com
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SOURCE Amber International Holding Limited
FAQ
What regulatory license does Sparrow Tech (AMBR) hold in Singapore?
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