A financial company listed on Nasdaq is also entering the crypto space.

Siebert Financial announced that it plans to raise $100 million to invest in cryptocurrencies and artificial intelligence following the approval of the (SEC) S-3 filing by the Securities and Exchange Commission. According to the company's statement yesterday, this money will be used to invest in cryptocurrencies such as Bitcoin, Ethereum, and Solana, as well as in artificial intelligence-supported technologies.

Recently, the number of companies purchasing cryptocurrencies, particularly Bitcoin, has increased. In addition to the well-known company Strategy, companies such as GameStop, Metaplanet, and K33 have also joined. As is known, Trump Media, the parent company of the social media platform Truth Social, which Trump regularly uses, recently conducted a convertible bond sale for a $2.5 billion Bitcoin purchase.

Siebert CEO John Gebbia stated in a related announcement, "The approval we received from the SEC will be a fundamental step in scaling our technology strategy. We want to move quickly in innovation areas that will shape the future of artificial intelligence, cryptocurrencies, and financial services. Raising capital is very important in this regard."

It is also known that institutions are increasingly investing in Bitcoin through ETFs. Pension funds, sovereign wealth funds, and companies prefer BlackRock's fund called IBIT. IBIT, which has attracted interest from many countries from the US to Dubai, was recently opened for futures trading on Russia's largest exchange, the Moscow Exchange.

Published: June 10, 2025 11:49Last Updated: June 10, 2025 11:58