Amber Group reduced its expectations to seek $100 million in additional funding from investors at a lower, $3 billion valuation.
$200 million, led by wealth fund Temasek, and joined by Sequoia China, Pantera Capital, Tiger Global Management, True Arrow Partners and Coinbase Ventures.to raise again at a much higher valuation between $5 billion-$8 billion, but given a general slump in the crypto market, those funds never materialized.as many as 10% of its staff citing the bear market.
Cautious even with a 25% climb in revenue, the company’s head of business development, Annabelle Huang, previouslyMarkets slumped after a peak just over $3 trillion in November 2021, data from The Block Research show. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our
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