Amber Group just has become a Unicorn! The crypto firm raised $100 million Series B round. Investment bank China Renaissance led the Series B round. Amber Group’s valuation is now estimated to $1 billion. Amber Group is a financial services firm that is based in Hong Kong. The firm want’s to use the raised money to hire new talent and expand its geographic reach across the globe.
More big money still enters the industry, improving crypto’s infrastructure. And it drives mass adoption!
Amber Group is driving mass-adoption
Right now, Amber Group serves about 500 institutional clients and high-net-worth individuals.
The firm offers them a wide range of products:
- algorithmic and high-frequency trading
- electronic execution
- over-the-counter (OTC) trading
- lending services
- trading options for bitcoin, ETH, USDT, and USDC
So, as you can see: the firm really bootstrap mass adoption!