Metalpha Technology wins $12M strategic investment by Gortune and Avenir Group

Metalpha Technology (MATH)has entered into definitive subscription agreements with two strategic investors, Gortune International and Avenir Group, for a private placement of its ordinary shares for aggregate gross proceeds of approximately $12M. The transactions are expected to close on or about November 30, 2025, subject to customary closing conditions. Metalpha intends to use the net proceeds from this strategic investment for accelerating the company’s business development initiatives, including expansion of its blockchain trading services, investments in innovative digital asset technologies, and for general working capital purposes.