Amber Group samlar in $300M i serie C-finansiering
- Kryptohandelsföretaget Amber Group har samlat in $300 miljoner i en serie C-finansieringsrunda från Fenbushi Capital US.
- Företaget hade som mål att slutföra en förlängning av sin serie B+ till en värdering av $3B men ändrade sin insamlingstaktik på grund av FTX-implosionen.
- It was confirmed that less than 10% of the firm’s total trading capital was with FTX at the time of its collapse.
- Amber Group har även förvärvat singaporeanska kryptovalutaplattformen Sparrow Holdings.
Kryptovintern testar definitivt kryptoföretagens förmåga, och medan många av dessa företag har gått i konkurs, har ett växande kryptohandelsföretag, Amber Group, säkrat en jättelik $300 miljoner i serie C-finansieringsrunda ledd av Fenbushi Capital US, den första blockchain-fokuserad riskkapitalbolag i Asien grundat 2015 i Shanghai.
I en serie av Twitter-inlägg, Amber Group bekräftad that the new funding round was “joined by other crypto-native investors and family offices” and added that the Series C round of fundraising “demonstrates investor confidence in Amber’s business and the commitment to shape our future together.” This investment comes just a month after the collapse of the former multi-billion dollar crypto exchange, FTX.
Enligt en annan Twitter-inlägg, prior to the collapse of FTX, Amber Group was in the “process of completing an extension to our Series B+ at a $3B valuation in preparation for a potentially prolonged crypto winter.” However, when Sam Bankman-Fried meddelade kollapsen av hans utbyte och ansökte om kapitel 11 i konkurs, Amber “paused after a partial closing and instead moved forward on Series C.”
Det är också viktigt att notera att kryptohandelsplattformen hade exponering mot FTX. Det bekräftades dock att exponeringen var runt 10%.
“As previously disclosed, less than 10% of our total trading capital was with FTX at the time of its collapse, but we did have to rebalance some positions. None of this impacted our daily operations or our business continuity,” revealed Amber Group via Twitter on Friday.
The crypto platform added that the vast majority of its clients and products remain intact. However, “a few of our specific products would have experienced significant drawdowns as an aftermath of the FTX default, unless we could find ways to further protect those affected clients,” stated Amber, while adding that it “reacted quickly” and adjusted its fundraising strategy.
According to Amber Group, the investors who took part in the Series C funding round demanded te firm be “laser-focused on providing best-in-class services to our client base of institutional and high-net-worth investors.”
It was also confirmed that Amber will be scaling down its “mass consumer efforts and non-essential business lines” so that it can better focus on its core businesses and clients. The crypto trading firm noted that “these have not been easy decisions, and we unfortunately have had to say goodbye to many of our excellent colleagues.”
Som rapporterats tidigare av Bitnation, det Singapore-baserade digitala tillgångsföretaget sade upp 10% av sina anställda och medgrundaren Tiantian Kullander sa att det 2018-grundade företaget justerar sitt antal anställda på kvartalsbasis.
“Our priority for 2023, with the support of our investors, is to focus on our core business and clients. This year has been tough for many reasons, but we’re tremendously grateful for the support and confidence,” stated Amber.
Dessutom är det också viktigt att notera att kryptoföretaget har förvärvat Singapores kryptovalutaplattform Sparrow Holdings, enligt ett tillkännagivande på onsdagen. Intressant nog förvärvade Sparrow sin betalningslicens från Monetary Authority of Singapore (MAS) i augusti.