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Amber Group, a leading global digital asset platform, today announced a $200 million Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group’s 2021 $100 million Series B round, this Series B+ round is the largest investment in Amber Group, valuing the company at $3 billion. Total capital raised at Amber Group now stands at $328 million.

This Series B+ round comes at a time of rapidly increasing digital asset adoption globally. The investment reinforces Amber Group’s strategic alignment with its investors, as well as a shared vision of digital assets’ future in a new, digital economy.

"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. At Amber Group, we want to do more than just enable mainstream digital asset adoption. 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,” said Amber Group's Global Chief Executive Officer, Michael Wu.

Founded in 2017, Amber Group has developed expertise in servicing both institutional and consumer markets. With global operations across 12 cities, the Singapore-headquartered company is one of the world’s leading liquidity providers, offering clients services that include algorithmic execution, electronic and OTC market-making derivatives, structured products, and advisory services. Amber Group also offers an award-winning consumer app, WhaleFin, and a full set of creative services and infrastructure in its OpenVerse business.

Amber Group is experiencing tremendous global growth, with cumulative transaction volume surpassing $1 trillion and assets under management growing to over $5 billion since its inception.  Amber Group’s institutional business continues to benefit from a strong systematic pricing framework and a focus on client service while the company’s consumer business, WhaleFin, allows mainstream investors to build wealth in the digital era, further democratizing access to the world of crypto finance. OpenVerse, Amber Group’s creator-focused venture, forms another key business pillar for the company as it launches support for creators, brands, and studios through its suite of services and digital infrastructure.