Asia’s Newest Unicorn, Amber Group, Speeds Up International Growth to Bring Crypto Offerings to New Regions

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Asia’s Newest Unicorn, Amber Group, Speeds Up International Growth to Bring Crypto Offerings to New Regions

Amber Group, the leading crypto trading and innovation company, revealed today it will be committing considerable resources towards broadening its geographical reach around the world to assist support clients in over 140 various nations and areas. After reaching unicorn status with its most current $100 million fundraise, Amber Group increased its pre-money appraisal to $1 billion, 10 x its previous Series A round. As one of Asia’s fastest-growing organizations, Amber Group is annualizing $500 million in incomes and has almost tripled its group with 370 staff member around the world.

Established in 2017, Amber Group services both organizations and specific financiers. With an existence in Hong Kong, Taipei, Seoul, and Vancouver, Amber Group is among Asia’s primary crypto financing provider active in primary algorithmic trading, electronic market-making, high-frequency trading, OTC trading, loaning and financing, derivatives, and other structured items.

Previously this year, Amber Group designated partner, Annabelle Huang, to lead GlobalX Center, a tactical worldwide growth group developed to grow the business’s institutional and retail item offerings in areas consisting of South Korea, Japan, Hong Kong, Singapore, Taipei, The United States And Canada, and more.

” To develop a really worldwide platform and serve a varied user swimming pool, we require devoted efforts within various locations to provide personalized and appropriate services and products to our users,” stated Annabelle Huang, partner at Amber Group. ” We are establishing a brand-new International X Center effort to focus exclusively on broadening our abroad user base through localized methods and offerings. This is a leading concern for our group this year.”

Amber Group highlights chances that lie at the crossway of trading and monetary innovation. Active in the DeFi area as a liquidity company and trader, the company presently handles about $1.5 billion in AUM. In early Q3 2020, Amber Group released their mobile app, ‘Amber App,’ to provide a sophisticated suite of tools to help users in attaining ideal financial investment returns on their financial investments. The launch has actually seen remarkable user development, with the variety of signed up users increasing four-fold considering that December 2020 to over 100,000 Amber App now supports 9 languages consisting of English, Simplified Chinese, Standard Chinese, Korean, Spanish, Portuguese, Japanese, Turkish, and Russian.

” We pride ourselves in being a really worldwide and varied company,” stated Michael Wu, Co-Founder, and CEO of Amber Group ” It is essential for us to deal with customers throughout the United States and UK markets due to the fact that of the worth they give the monetary market. In order to fulfill customer need, our group will continue broadening worldwide operations while establishing market options for leading crypto financiers and business.”

Concentrating on crypto financing education has actually been essential to reaching more users. Amber Group is working together with partners such as Contentos, a blockchain-based decentralized material community, and Platinum Academy, a monetary education platform based in the UK.

Amber Group is among the world’s leading crypto financing provider, operating 24/ 7 with an existence in Hong Kong, Taipei, Seoul, and Vancouver. To date, Amber Group has actually raised an overall of $128 million in financing from China Renaissance Group, Tiger Global Management, DCM Ventures, Tiger Brokers, Sky9 Capital, Arena Holdings, Tru Arrow Partners, A&T Capital, Gobi Partners, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital. To learn more, please see: www.ambergroup.io

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