Amber Group Surpasses $65M in Interest Paid to Retail and Institutional Clients
Amber Group, a leading crypto finance service provider, announced today that it has paid over $65 million in interest to its clients by end of July in 2021. “The increase in demand for earning interest and passive income through crypto deposits represents how far crypto adoption has come,” said Michael Wu, CEO of Amber Group. […]
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A leading multinational firm working in digital assets services and framework, Amber Group, joined hands with Chainlink, a well-known name in the decentralized oracle network. The goal is to provide sound and safe asset transaction pricing facilities, particularly to the growing target market of institutional clients in Asia, Europe, and North America. Amber Group will […]
The crypto-finance company reported a 275% annual increase in assets under management in 2020. The crypto-finance service provider tells Cointelegraph that its assets under management, or AUM, reached $530 million in 2020, representing a 275% increase from the previous year. Over 500 institutions have contributed to Amber’s suite of investment products, which includes fixed-income, yield enhancement and margin trading. Although institutions were the main driving force behind Amber’s initial growth, especially among financial managers, family offices and other high net-worth clients, its....
Amber Group, the leading crypto trading and technology firm, announced today it will be dedicating significant resources toward expanding its geographic reach across the globe to help support customers in over 140 different countries and regions. After reaching unicorn status with its latest $100 million fundraise, Amber Group boosted its pre-money valuation to $1 billion, […]
BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul.
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer. Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise $200 million in its Series B+ funding round as revealed in a Feb. 21 announcement. Other participants included Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures.We are excited to announce our Series B+, which comes at a time of....