Siebert Financial Corp. has received approval from the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million through a shelf registration aimed at investments in cryptocurrency and artificial intelligence. The move highlights accelerating institutional interest in these transformative technologies.
Proceeds will target leading digital assets including Bitcoin, Ethereum, and Solana, alongside emerging AI developments. Siebert CEO John J. Gebbia emphasized the strategic importance, stating the capital raise enables scaling the firm’s technology initiatives and seizing new market opportunities across both sectors.
The decision aligns with intensifying institutional demand for exposure to digital assets and AI, signaling robust conviction in their long-term viability. Siebert’s approach parallels MicroStrategy’s precedent of corporate cryptocurrency acquisitions, which historically catalyzed broader institutional participation in digital asset markets.