Antalpha authorizes $10 million share repurchase program

Antalpha Platform Holding Company (NASDAQ: ANTA) announced that its board of directors has authorized a share repurchase program of up to $10 million of the company's ordinary shares. The program will remain in effect through December 31, 2026.

The Singapore-based fintech company may conduct repurchases through open market transactions at prevailing market prices, privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions and regulatory compliance. The company is not obligated to repurchase any specific number of shares.

"This performance gives us the financial flexibility to execute a share repurchase program that we believe will deliver more value to shareholders," said Paul Liang, CFO of Antalpha, according to a company statement.

Antalpha specializes in providing financing, technology, and risk management solutions to institutions in the digital asset industry. The company offers Bitcoin supply chain and margin loans through its Antalpha Prime technology platform.

The board will periodically review the program and may adjust its terms and size as appropriate, the company stated.

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