Amber Group Raises $300M in Series C Led by Fenbushi Capital US

Amber Group announced that it has raised $300m in a Series C funding round led by Fenbushi Capital US, with participation from other crypto-native investors and family offices.

Amber Group said that it will be scaling down non-essential business lines, and will focus on its core businesses and clients, which is to provide services to its client base of institutional and high-net-worth investors.