Singapore-based crypto lender Amber Group today announced a $300 million fundraise that comes amid layoffs and refocusing at the company. Amber said in a tweet that it had closed a Series C roun...
Tag: Amber Group
The Block: Amber Group acquires Singapore crypto exchange Sparrow: Business Times
Asian crypto investment firm Amber Group has acquired Singaporean crypto exchange Sparrow, according to a report in The Business Times citing regulatory filings. Amber’s move is surprising...
Amber Group Claims ‘False Allegations’ Against Company, Provides No Details
Amber Group has yet to publicly address the latest reports around its financial health, outstanding liabilities, and its retail business, despite saying certain claims against the company have been in...
Amber Group retreats from U.S. and Europe as it raises funds from new investor
Asian cryptocurrency investment firm Amber Group is stepping back from plans to expand in the U.S. and Europe as it retrenches to survive the crypto winter. Angie Beehler, head of U.S. institut...
Amber Group owes troubled crypto lender Vauld’s CEO $130 million
Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld’s CEO Darshan Bathija. In July, Vauld mentioned in its affidavit that it has a loan ...
Amber Group says it’s ‘business as usual’ amid reports of more layoffs
Digital asset platform Amber Group is reassuring clients and stakeholders that it is “business as usual” at the firm following reports that the company laid off staff. The Hong Kong-based firm ...
Amber Group co-founder Tiantian Kullander dies
Amber Group co-founder Tiantian Kullander has died. He passed away in his sleep on Nov. 23. Known as TT, Kullander helped found Amber in 2017 and turn it into a major crypto market maker worth a...
Amber Group reduces valuation, seeks additional $100 million: Bloomberg
Tumultuous market conditions caused crypto trading platform Amber Group to reduce its valuation as the company pursues a new funding round. Amber Group now seeks $100 million at the same $3 bill...
Amber Group cuts staff by 10%: Bloomberg
Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...
Singapore’s Crypto Staking Startup Garners $6 Million In Amber Group-Led Funding Round
Chen Zhuling, founder and CEO of RockX RockX RockX announced on Tuesday it has raised $6 million in a fundraising round led by Singapore-based crypto financial services firm Amber Group. The deal valu...
Amber Group Procures DeCurret Inc. Enabling Its Entry to Japan’s Crypto Market
Amber Group has procured DeCurret Inc., a crypto-asset exchange service provider, which is registered with the Japanese Financial Services Agency (FSA). Finance Magnates recently learned that Amber Gr...