Hong Kong based Amber Group secured $100 million in Series B funding round led by China Renaissance Group at a valuation of $1 billion. Other investors in the round included Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, Sky9 Capital, DCM Ventures and Gobi Partners. The round also witnessed participation from existing investors Pantera Capital, Coinbase Ventures, Blockchain.com Ventures, Bit Digital, Digital Finance Group, Fenbushi Capital and Continue Capital among others.
Founded in 2017 by Luke Li, Michael Wu, Thomas Zhu, Tiantian Kullander, Tony He and Wayne Huo, Amber Group is a one-stop crypto finance service provider that provides liquidity provision, trading and asset management services.
