2021-07-29 18:47:54

Asia’s Newest Unicorn, Amber Group, Accelerates Global Expansion to Bring Crypto Offerings to New Regions

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, 10x its previous Series A round. As one of Asia’s fastest-growing businesses, Amber Group is annualizing $500 million in revenues and has nearly tripled its team with 370 team members across the globe. Founded in 2017, Amber Group services both institutions and individual investors. With a presence in Hong Kong, Taipei, Seoul, and Vancouver, Amber Group is one of Asia’s foremost crypto finance service providers active in principal algorithmic trading, electronic market-making, high-frequency trading, OTC trading, borrowing and lending, derivatives, and other structured products. Earlier this year, Amber Group appointed partner, Annabelle Huang, to lead GlobalX Center, a strategic global expansion team established to grow the company’s institutional and retail product offerings in regions including South Korea, Japan, Hong Kong, Singapore, Taipei, North America, and more. “To build a truly global platform and serve a diversified user pool, we need dedicated efforts within different geographies to deliver customized and relevant product...

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