We are pleased to announce that Amber Group has been awarded the ‘Virtual Asset Service Provider of the Year’ in the category of ‘Best Solution - Virtual Assets’ in the fifth Regulation Asia Awards for Excellence 2022. 

The Regulation Asia Awards recognizes excellence by firms that help to ensure the highest compliance standards are upheld in the financial industry, and have shaped the regulatory landscape in Asia Pacific. This year’s award program—the fifth annual Regulation Asia Awards For Excellence—saw 148 submissions and the award ceremony was held in Singapore on 22 November 2022.

Regulation Asia’s ‘Best Solution’ category recognizes solutions that financial institutions leverage to meet regulatory demands and stay compliant in the areas related to financial crime compliance. The VASP (Virtual Asset Service Provider) of the Year award was presented for the best solution that offers institutional-grade security controls. 

Operating at the center of markets, Amber Group provides a full range of digital asset services spanning liquidity provisioning, trading, financing, and investing. At Amber Group, our team is focused on building products and solutions that help our retail customers grow wealth sustainably. From customizable interest rate savings and unlevered structured products, this guiding principle is built into the design and value proposition of WhaleFin, our flagship wealth management platform. 

Through our various subsidiaries, Amber Group now holds 12 regulatory licenses globally – a reflection of our growing commitment to global regulatory compliance and investor protection. We pride ourselves on the security-first approach that we have adopted from day one. We are one of the first few digital asset companies that have achieved Service Organization Control (SOC) 2 Type II compliance, following our successful SOC 2 Type I attestation earlier this year as well as securing comprehensive insurance coverage for our wallet infrastructure from A-rated insurance provider Arch Syndicate 2012 of Lloyd’s of London and insurtech firm OneDegree. 

About Amber Group

Amber Group is a leading digital asset company operating globally with offices in Asia, Europe, and the Americas. The firm provides a full range of digital asset services spanning investing, financing, and trading. Amber Group is backed by prominent investors including Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures, and Blockchain.com. For more information, please visit www.ambergroup.io.

About the Regulation Asia Awards for Excellence 2022

The Regulation Asia Awards for Excellence recognize financial institutions, technology companies, legal and consulting firms, exchanges, and other players that have helped meet the challenges of the ever-changing and increasingly complex regulatory landscape in Asia Pacific. Each year, submissions are diligently evaluated and award winners selected by a panel of industry experts serving as judges. The full list of award winners is available here.