Amber Group is a crypto finance startup that has recently raised $100M at a $1B valuation. The company is focused on building infrastructure and services to facilitate a global digital economy powered by public blockchains.
This article will discuss the numerous benefits of using Amber Group for crypto-related financial services.
Overview of Amber Group
Amber Group is a crypto finance startup offering its users a range of products and services. Founded in 2018, the company has grown rapidly and has raised $100 million in venture capital funding at a valuation of $1 billion. With offices in San Francisco, Shanghai, Singapore, and Tokyo, Amber Group currently serves customers from around the world.
The company’s wide range of products and services enables users to transact faster than ever. By utilizing the cutting-edge technologies available within the blockchain space, such as smart contracts, staking, and decentralized finance (DeFi), Amber Group provides users with a secure platform for making digital asset investments.
Amber Group’s team of experienced professionals also assists with portfolio management by providing investment strategies tailored to each user’s needs. This includes market analysis on how cryptocurrencies are affected by news events or industry shifts, allowing investors to make informed decisions on their investments, thereby improving their long-term return potential.
Furthermore, Amber Group offers support 24/7 in 14 languages so customers can get help whenever they need it. In addition to its suite of products, the company has launched major initiatives such as its open protocol called Oxygen, which seeks to provide an innovative layer two solutions combining cross-chain liquidity with options trading capabilities. The goal is to make cryptocurrency usage even more accessible by allowing investors access to greater liquidity when investing in digital assets while also giving them alternative options trading strategies when traditional spot trading may not suffice.
Benefits of Using Amber Group
Amber Group is a crypto finance startup that recently raised $100 million at a $1 billion valuation. Its platform provides a suite of products that allow users to take advantage of crypto trading opportunities and to manage their portfolios with greater efficiency.
In this article, we will look at some of the benefits of using Amber Group services.
Access to a Range of Financial Services
Amber Group has created an extensive ecosystem for blockchain users that provides access to a wide range of financial services. The group is focused on providing comprehensive economic solutions for the entire cryptocurrency market.
The Amber Group platform enables features such as liquidity infrastructure, risk management, asset exchange, and other services across multiple markets. This ensures market participants have access to a deep liquidity pool and can manage their risks effectively.
Amber Group’s platform also provides a decentralized identification system based on cryptographic principles that help users make secure transactions with less risk of fraud or cybercrime. The identity system also offers a more efficient identification method and helps reduce operational costs associated with trading cryptocurrencies compared to more traditional methods.
Moreover, Amber Group’s platform is connected to dozens of exchanges and over 3,000 wallets. Users can securely convert digital assets into fiat currencies to purchase goods and services in person or online. The group’s API also allows developers to quickly integrate their systems with its infrastructure.
Through its innovative features, Amber Group is attempting to bridge the gap between traditional finance solutions and blockchain technology by providing solutions tailored specifically for businesses in the crypto industry. They aim to create an open-source platform that provides access to financial instruments otherwise inaccessible via existing frameworks while providing safe payments and transparent records built on distributed ledgers.
Comprehensive Security
Amber Group has been praised for its comprehensive security offerings. As a cryptocurrency finance startup, Amber Group handles billions of dollars of digital assets monthly through its products and services. The company has incorporated leading encryption, multi-authentication, and cold wallet technologies to keep these assets secure at all times. In addition, it maintains strict control over how funds are moved in and out of its platform, ensuring that the safety and privacy of clients’ funds are never compromised.
In addition to these physical security measures, Amber Group also engages in regular audits by an independent firm to ensure continued adherence to high-security standards. By providing this comprehensive means of protection, Amber Group ensures its clients can confidently use its platform, knowing that their financial data is safe and secure.
Low Fees and High Liquidity
Using Crypto finance startup Amber Group, users benefit from low fees and high liquidity. In addition, the variety of supported crypto-assets ensures access to a wide range of digital coins and tokens and allows users to trade efficiently.
The company provides access to order books through an institutional-grade matching engine, which supports both spot trading and derivatives on different markets and between major trading pairs. With its advanced risk management system, users can also be assured that their capital is never exposed to any fraud or credit risks.
Moreover, the platform promises a smooth user experience with a powerful API available for traders that need greater control over their trading activity. Furthermore, Amber Group has partnered up with several reliable payment processors to make deposit and withdrawal transactions as fast and easy as possible.
All trades go through the automated system of ClearLoop Audit System (CLAS). This tool verifies user balances in real-time, ensuring that all transactions are accurate, secure and compliant with global standards for financial security. As a result of these features, users can experience near-instantaneous order assignment times when using Amber Group’s services.
Comprehensive Regulatory Compliance
Amber Group is dedicated to making investments in cryptocurrencies and digital assets safe, reliable, and compliant. As a fully regulated business entity, Amber Group ensures that its services adhere to the highest standards of compliance in order to protect its investors.
Through strategic partnerships with regulatory authorities, Amber Group has established strong compliance procedures at every stage of the investment process. This includes verifying identities, tracking money flow and transactions, adhering to financial regulations, complying with anti-money laundering (AML) regulations and Know Your Customer (KYC) practices.
Moreover, Amber Group provides periodic due diligences, including independent audits to strengthen its compliance procedures. Audit reports are released every month for all assets held in custody as well as for outflows/inflows relating to digital assets activities and customers’ accounts.
These stringent measures ensure that customers can participate in digital asset investments without worry or fear of fraud or illegal activity. All in all, this comprehensive regulatory compliance gives investors the confidence they need when dealing with an internationally recognized cryptocurrency finance startup like Amber Group.
Recent Funding Round
Crypto finance startup Amber Group has just announced a $100M funding round at a $1B valuation. This is a huge step for the startup and it marks its entrance into the elite club of unicorns.
This successful funding round also brings a range of benefits to Amber Group that will help to shape their future. Let’s take a closer look at these benefits.
Overview of the Funding Round
In November 2020, crypto finance startup Amber Group announced a $100 million Series C funding round that valued the fintech at $1 billion. The round was led by mainstream venture investors, including Tiger Global Management, Coatue Management, and DST Global.
Since launching in 2014, Amber Group has been dedicated to building the next generation of global digital financial infrastructure and providing access to digital assets giving users a greater range of crypto-based services for wealth management or payments. Through this new funding round, Amber will be able to focus squarely on growing its product offering and expanding its presence in Asian markets like Japan, South Korea and India.
Amber Group’s platform already offers an array of services to help users better manage their digital assets including one-click solutions for buying cryptocurrencies like bitcoin and ethereum. It also provides access to more traditional finance tools, such as loans, through its highly secure wallet system, which enables users to send and receive cryptocurrency globally at any time. Additionally, with its Pro trading platform, traders can easily invest in complex instruments such as options contracts about major crypto exchanges like Binance or Deribit.
The additional capital means that Amber also plans to expand its suite of products by allowing users to make payments with cryptocurrencies from any currency-supported device or application using its Instant Exchange API technology. In addition, using the Spot Trading API allows customers who prefer non-custodial contracts or those who want fast executions to benefit from wider liquidity supplies when converting between fiat currencies and digital assets leveraging over-the-counter (OTC) solutions large transactions such as buying millions worth of bitcoin.
With this new injection of funds through the Series Crounding funding round led by Tiger Global Management,Coatue Management, and DST Global, accompanied by support from Tencent, Iconiq Capital and Susquehanna International Group., Amber can now fully focus on accelerating the development and global expansion goals while strengthening it’s core teams which will allow them offer a greater range of quality services worldwide with improved security protocols further expanding their leadership role in cryptocurrency markets driving larger volume transactions across trading networks worldwide.
Impact of the Funding Round
Amber Group’s fundraising round was an important step in signaling its growth, given that it has raised $100M at a $1B valuation. This financing round was led by Coatue Management, Matrix Partners, and Tiger Global, with participation from Sequoia Capital China, Loonglight Capital, Play Ventures, and Luminous Ventures.
The impressive evaluation allows Amber Group to remain competitive within the crypto finance space and become a driving force for how digital asset investments are made. As it stands, Amber Group is now the fourth largest cryptocurrency exchange globally and the first U.S. based crypto trading platform to achieve unicorn status.
The latest financing round gives users access to a number of new products including a host of services ranging from custody services to derivatives trading exchanges – all powered by self-developed technologies such as market-making strategies, liquidity optimization strategies and an automated surveillance system designed for detecting suspicious activity in real-time across its different exchanges. The new funds will also be used to expand their business network in Asia further – plans already underway include launching their retail cryptocurrency exchange service named MoonX in Japan and Korea, as well as establishing a new office in Singapore with expansion into other major markets across Asia planned afterward.
Not only will this funding help accelerate the development of these products but it will also allow further investment into research & development of market-leading financial infrastructure that makes digital asset investments easier and more accessible worldwide. In conclusion, with this recent fundraising round undertaken by Amber Group, we can expect additional liquidity across Asia while providing customers better fees & service than ever before.
Conclusion
Amber Group is a leading crypto finance startup that has recently raised $100M at a $1B valuation. With this new infusion of capital, Amber Group is well-positioned to become a leader in the industry.
In addition to their impressive capital raise, the startup offers a variety of benefits both to their customers and to businesses that choose to use their services. This article will discuss the benefits of using Amber Group as your crypto finance partner.
Summary of Benefits of Using Amber Group
Amber Group is an innovative crypto finance startup that has raised over $100M of venture capital to build its business. This movement has valued Amber Group at a staggering $1B, making it one of the most impressive companies in the crypto space. In addition, amber provides many services within this field, including a suite of products that aim to make financial transactions more secure and increase portfolio diversification opportunities for users.
The services offered by Amber Group offers many benefits: Firstly, users can rest assured their assets are secure due to the top-grade security provided by Cold Storage Vaults and 24/7 market surveillance technology. Additionally, customers can also benefit from macro analysis and market news which Amber’s experienced team provides daily on their Crypto Intelligence page – giving customers access to essential data that helps inform trading decisions. Finally, Amber allows traders to diversify their holdings with options such as Over The Counter (OTC) trading and Spot Market Liquidity providers which further extends portfolio diversification opportunities for all users.
In conclusion, Amber Group stands out from the crowd of crypto finance startups through its various offerings designed both for beginners as well as experienced traders alike. The team has really utilized the $100M worth of venture capital wisely – offering world class security measures and provisions for traders that have not yet been seen in this field before. Ultimately, investors looking for another safe haven to store their assets could benefit massively from using Amber’s services.
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