Listed company Siebert Financial plans to raise $100 million to purchase cryptocurrency assets and invest in AI technology According to Globenewswire, Siebert Financial Corp. (NASDAQ: SIEB) announced that its registration statement for the S-3 storage rack has been validated by the US SEC, allowing it to raise up to $100 million through the sale of multiple securities. This move will enhance the company's financial flexibility, and the proceeds may be used for potential acquisitions, purchases of digital assets such as Bitcoin, Ethereum, Solana, as well as investments in technology service lines such as artificial intelligence, including but not limited to AI solutions.