Metalpha stock rises on $12 million private placement deal By Investing.com

Metalpha Technology Holding, listed on Nasdaq as MATH, secures a $12 million private placement deal with Gortune International Investment Limited Partnership and Avenir Group. This investment, expected to finalize in late November, supports Metalpha's long-term growth plans, including expanding blockchain trading services, investing in digital asset technologies, and covering operating expenses. The deal, though private, could eventually allow U.S. investors to buy Metalpha shares once SEC requirements are met. This agreement marks a significant milestone for Metalpha, positioning it to stay competitive in the rapidly evolving blockchain solutions market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.