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- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
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GM ☕ Our frog friend has two slightly different mornings—can you find all the changes?
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Publicly traded company Siebert Financial plans to raise $100 million to purchase encryption assets and invest in AI technology.
PANews reported on June 10 that Siebert Financial Corp. (Nasdaq: SIEB) announced that its S-3 shelf registration statement has been declared effective by the SEC, allowing it to raise up to $100 million through the sale of various securities. This move will enhance the company's financial flexibility, and the proceeds may be used for potential acquisitions, purchasing Bitcoin, Ethereum, Solana and other digital assets, as well as investing in technology service lines such as artificial intelligence, including but not limited to AI solutions.