Amber Group, a leading global digital asset platform, has raised $200m in Series B+ funding, bringing the company to a $3bn valuation.
The round was led by Temasek with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others.
A significant follow-up to Amber Group’s 2021 $100m Series B round, this Series B+ round is the largest investment in Amber Group, valuing the company at $3 billion. Total capital raised at Amber Group now stands at $328m.
Founded in 2017, Amber Group has developed expertise in servicing both institutional and consumer markets. With global operations across 12 cities, the Singapore-headquartered company offers clients services that include algorithmic execution, electronic and OTC market-making derivatives, structured products, and advisory services.
Michael Wu, Amber Group’s global CEO, said, “From radically transforming the concept of ownership and value in the global economy, digital assets are redefining the way we live outside of the financial ecosystem.
“At Amber Group, we want to do more than just enable mainstream digital asset adoption. We want to help create a digital future where digital assets empower people with the opportunity and agency to shape a better world for all. We are proud to have the support of our investors who not only share this vision but also put their capital and trust in us to achieve it.”
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