Amber Group, founded in 2015 and headquartered in Singapore, is a financial services company employing approximately 570 people. Its core business involves digital asset trading, the provision of related products, and the development of supporting infrastructure. The company's clientele is diverse, encompassing token issuers, banks, fintech firms, and entities from various sectors including sports, gaming, and brand management.
On August 30, 2024, Amber Group led a $20 million funding round for Edge Matrix Chain (EMC), a multi-chain AI infrastructure project. Polygon Ventures also participated in the round, along with One Comma Cyberrock Venture Fund, Candaq Fintech Group, and Hameem Raees Chowdhury. Separately, Amber Group participated in the backing of GRVT, a hybrid exchange utilizing ZKsync technology, alongside 15 other market makers including Galaxy Trading Asia Limited and Flow Traders. Amber Group also reported continued sales of Ethereum (ETH) on the spot market, realizing gains in USDT and USDC.
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