Amber Group Completes $300 Million Funding Round to Combat a “Prolonged Crypto Winter”

Amber Group Completes $300 Million Funding Round to Combat a “Prolonged Crypto Winter”

Popular crypto lender Amber Group has raised $300 million in a Series C funding round.
The firm believes the funding would further protect its clients in the volatile market.
Amber had to partially close the earlier round due to the FTX crisis.
The protocol announced it was scaling down its mass consumer efforts.

Amidst the prevailing bear market, popular crypto lender Amber Group has raised $300 million in a Series C funding round. Announcing the development in a Twitter post, the Hong Kong-based firm said the round was led by Fenbushi Capital US and saw participation from other angel investors.

1) Today, we’re announcing that Amber Group has completed a $300M Series-C round, led by Fenbushi Capital US and joined by other crypto-native investors and family offices.
— Amber Group (@ambergroup_io) December 16, 2022

Amber Group revealed that through the round, the investors had reiterated their confidence and trust in its operations. According to the firm, it in

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We współpracy z: https://dailycoin.com/amber-group-completes-300-million-funding-round-to-combat-a-prolonged-crypto-winter/

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