Amber Group announced $200 million Series B+ funding round
As a leading digital asset platform, Amber Group has announced a new Series B+ round – securing $200 million in new funding. The round was initially led by the investment company Temasek, followed by Sequoia China, Coinbase Ventures, Tiger Global Management and more.
This new funding comes not too long after Amber Group’s $100 million Series B round, which brought in an initial $100 million. These rounds put together have brought the company’s value at over $3 billion.
“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,” said Amber Group’s Global Chief Executive Officer, Michael Wu.
“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.”
Founded in 2017, Amber Group has grown from a start-up team of six to a fintech unicorn of nearly 800 employees globally, with its global headcount more than tripled in size in 2021.