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Crypto Trading Firm Amber Group Raises $300 Million in Series C Funding
Summary: Crypto trading firm Amber Group has changed its fundraising plan from a Series B+ funding round to a $300 million Series C round as a result of FTX’s collapse, according to reports by CoinDesk. The round was led by Fenbushi Capital U.S., other investors, and family practices, the firm said on Twitter. Previously, the company ...
Crypto trading firm Amber Group has changed its fundraising plan from a Series B+ funding round to a $300 million Series C round as a result of FTX’s collapse, according to reports by CoinDesk.
The round was led by Fenbushi Capital U.S., other investors, and family practices, the firm said on Twitter.
Previously, the company had laid off 40% of its employees, restricted employee benefits, and ended a $25 million sponsorship deal with Chelsea Football Club as a result of FTX’s collapse.
Author: Katie Lin
Tags: Amber Group,Crypto Trading,FTX,Fundraising,series b,Series C
Link: Crypto Trading Firm Amber Group Raises $300 Million in Series C Funding [Copy]
