Amber Group


Pananalapi

Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion

The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.

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Amber Group Reportedly Ditches Sponsorship Deal With Chelsea FC Amid Massive Layoffs

Bloomberg reports that Singapore-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea F.C. as the firm is laying off around 300 people. "The Hash" panel discusses the what this means for exchanges and firms navigating the chill of crypto winter.

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Pananalapi

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

The crypto trader will also lay off 40% of its workforce as it feels the squeeze of the bear market.

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Amber Group Co-Founder Tiantian Kullander Dies at 30

Tiantian Kullander, co-founder of digital asset company Amber Group, has died. He was 30 years old. According to a statement posted to the company’s website, Kullander passed away in his sleep on Nov. 23. The firm said he “put his heart and soul into the company, in every stage of its growth.”

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Merkado

These Crypto Market Makers Were Wary of FTX Before Collapse

B2C2, Kairon Labs and a few others had concerns about the exchange and its sister firm Alameda Research before liquidity concerns became headlines.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Merkado

Amber Group Raises $200M in Temasek-Led Round at $3B Valuation

The Singapore-based liquidity provider and trading infrastructure firm's valuation has tripled in less than a year.

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Pananalapi

Hong Kong-Based Crypto Unicorn Amber Group Eyes US Listing: Report

The financial services firm’s offering may raise regulatory eyebrows in the U.S.

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Hong Kong-Based Crypto Unicorn Amber Group Reportedly Eyeing US Listing

Crypto financial services firm Amber Group is weighing a direct listing with the U.S as the “likely destination.” The company attained unicorn status in June following a $100 million funding round that gave it a valuation of $1 billion.

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Bitcoin Price Plummets as China Crypto Crackdown Continues

China's crypto crackdown continues as its central bank says banks must block crypto transactions. Cryptocurrencies plummeted Tuesday morning, with bitcoin dropping below $30K. Michael Wu, Amber Group co-founder and CEO, joins "First Mover" with his crypto markets analysis and outlook.

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Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group

More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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