Amber Group, the leading crypto trading and expertise company, announced nowadays this is also dedicating primary sources in direction of expanding its geographic attain at some level of the globe to assist give a boost to prospects in over 140 varied worldwide locations and regions. After reaching unicorn space with its most recent $100 million fundraise, Amber Group boosted its pre-money valuation to $1 billion, 10x its previous Series A spherical. As one among Asia’s fastest-rising businesses, Amber Group is annualizing $500 million in revenues and has virtually tripled its team with 370 team people at some level of the globe.
Based in 2017, Amber Group products and companies every establishments and person patrons. With a presence in Hong Kong, Taipei, Seoul, and Vancouver, Amber Group is one among Asia’s primary crypto finance service services active in primary algorithmic trading, digital market-making, excessive-frequency trading, OTC trading, borrowing and lending, derivatives, and other structured merchandise.
Earlier this year, Amber Group appointed accomplice, Annabelle Huang, to manual 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 The United States, and extra.
“To create a if truth be told global platform and attend a varied client pool, we need devoted efforts inner varied geographies to bring personalized and linked merchandise and products and companies to our users,” mentioned Annabelle Huang, accomplice at Amber Group. “We are constructing a modern Global X Center initiative to level of interest fully on expanding our in another nation client sinful through localized recommendations and offerings. Right here is a high precedence for our team this year.”
Amber Group highlights opportunities that lie at the intersection of trading and financial expertise. Packed with life within the DeFi dwelling as a liquidity provider and vendor, the company currently manages about $1.5 billion in AUM. In early Q3 2020, Amber Group launched their cell app, ‘Amber App,’ to bring an evolved suite of tools to assist users in attaining optimum funding returns on their investments. The open has considered impressive client boost, with the need of registered users increasing four-fold since December 2020 to over 100,000. Amber App now supports nine languages including English, Simplified Chinese language, Gentle Chinese language, Korean, Spanish, Portuguese, Jap, Turkish, and Russian.
“We pleasure ourselves in being a if truth be told global and diverse organization,” mentioned Michael Wu, Co-Founder, and CEO of Amber Group. “It is predominant for us to work with purchasers at some level of the US and UK markets thanks to the trace they devise to the financial market. In uncover to fulfill client set aside a question to, our team will continue expanding global operations while rising market alternate recommendations for leading crypto patrons and companies.”
Specializing in crypto finance education has been key to reaching extra users. Amber Group is participating with companions such as Contentos, a blockchain-basically based mostly mostly decentralized enlighten material ecosystem, and Platinum Academy, a financial education platform basically based mostly mostly within the UK.
Amber Group is one among the world’s leading crypto finance service services, working 24/7 with a presence in Hong Kong, Taipei, Seoul, and Vancouver. To this level, Amber Group has raised an entire of $128 million in funding from China Renaissance Group, Tiger Global Management, DCM Ventures, Tiger Brokers, Sky9 Capital, Enviornment Holdings, Tru Arrow Companions, A&T Capital, Gobi Companions, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital. For extra data, please search recommendation from: www.ambergroup.io
