Siebert Financial Secures $100 Million for Crypto, AI Investments

Financial firm Siebert Financial has received approval from the Securities and Exchange Commission (SEC) to raise up to $100 million through a shelf registration program. This opens the door to investing in both cryptocurrencies and emerging technologies like artificial intelligence (AI). The company plans to use these funds to purchase Bitcoin, Ethereum, and Solana. Additionally, Siebert aims to invest in AI technologies and conduct strategic acquisitions within the finance and tech industries.