Siebert Financial Corp., a Nasdaq-listed financial services company, has announced its intention to raise up to $100 million to invest in cryptocurrency and artificial intelligence (AI). The move marks a bold step into the future of finance and innovation.
On Monday, Siebert confirmed that the U.S. Securities and Exchange Commission (SEC) has declared its S-3 shelf registration statement effective, allowing the company to issue securities that will fund its strategic initiatives.
Crypto and AI at the Core of Siebert’s Strategy
According to the official statement, the funds raised will be directed toward acquiring digital assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as advancing its AI-powered financial services infrastructure.
“Our shelf registration is a foundational step toward scaling our technology strategy,” said John Gebbia, CEO of Siebert Financial.
“We’re creating the additional capital access needed to move decisively in key areas like AI, digital assets, and innovation that will define the future of financial services.”
A Growing Trend Among Public Companies
Siebert joins a growing list of public companies increasing their exposure to crypto. In a notable move, Strategy, led by Michael Saylor, recently purchased 1,045 BTC for approximately $110.2 million, bringing its total Bitcoin holdings to 582,000 BTC.
Additionally, other firms such as Trump Media, GameStop, and Japan’s Metaplanet have also revealed plans to expand their Bitcoin treasuries, signaling increasing institutional confidence in crypto assets.
Siebert’s entry underscores the expanding corporate interest in digital assets beyond speculative investment—toward long-term treasury strategies.
What Is an S-3 Shelf Registration?
An S-3 shelf registration allows companies to raise capital more efficiently by pre-registering securities that can be issued over time. Siebert now has the flexibility to sell different types of securities, including common stock, preferred stock, and warrants, up to a maximum of $100 million.
Conclusion
With the green light from the SEC, Siebert Financial is poised to pursue its ambitious strategy of integrating AI and cryptocurrency into its business model. This initiative not only boosts Siebert’s innovation pipeline but also reflects a broader trend of traditional finance embracing decentralized technologies and smart automation.
