Coinbase-Backed Platform Raises $100 Million To Become Latest Crypto Unicorn
Despite the recent price drawbacks in bitcoin, ether, and other digital assets, the minting of crypto’s latest unicorn, Amber Group, proves that institutional interest in the emerging asset class is alive and well.
Amber Group Valued at $1B in $100M Funding Round
The crypto financial services firm said it plans to use the funding to expand its global operations.
Asia’s newest unicorn, crypto trading firm Amber Group, raises $100 million
Forkast.News speaks with Michael Wu, Amber Group’s co-founder and CEO, on how the crypto firm is going from $100 million to $1 billion in valuation.
Crypto startup Amber Group hits $1 billion valuation on fresh fundraising, as famed hedge fund Tiger Global joins Coinbase as backer
Crypto startup Amber Group has hit a $1 billion valuation after a $100 million fundraising round.
Famed hedge fund Tiger Global injected cash, as did Chinese bank China Renaissance.
It's the latest sign of institutional interest in crypto startups, which continues despite bitcoin's crash.
Amber Group Raises $100 Million in Series B
Now valued at $1 billion, the Coinbase-backed crypto trading firm will use the newly acquired funds to expand its global operations and hire more employees.
Hong Kong-based crypto trading startup Amber Group achieves unicorn status after raising a massive $100 million in funding
Amber Group, a Coinbase-backed cryptocurrency fintech startup, announced Monday that it has raised a whopping $100 million in Series B funding as more mainstream investors are jumping on the crypto bandwagon.
Cryptoverse Gets Another Unicorn Despite Market Downturn
Venture capitalists are still pouring hundreds of millions into the infrastructure of the cryptoverse, hoping the whole nascent industry will grow further despite a recent sharp correction in the market.
Amber Group Raises $100M for Crypto Trading Platform Expansion
The latest crypto company to net a massive investment from venture capital giants is the Hong Kong-based crypto trading startup Amber Group.