Amber Group Raises $300 Million at a $3 Billion Valuation

Amber Group is a leading crypto finance service provider. It 24/7 offers platforms for liquidity provision, cryptocurrency trading, investments using digital assets, and asset management. Amber Group operates worldwide, providing its clients with a streamlined crypto finance experience.

The funding round Series C was joined by other crypto-native investors and family offices. “The Series C investors came on board with the understanding that we will be laser-focused on providing best-in-class services to our client base of institutional and high-net-worth investors,” Amber posted in a tweet.

Amber Group, Singapore-based, was founded by Luke Li, Michael Wu, Thomas Zhu, Tiantian Kullander, Tony He, and Wayne Huo in 2017. In June 2021, the company achieved unicorn status. As of February 2022, Amber Group has proceeded with more than $1 trillion worth of crypto transactions. The company has more than 200 clients with an average trading volume of $100-200 million. Amber Group aims to maximize investment returns and optimize investment flexibility. In February, the company raised $200 million in its Series B funding round.

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