Amber Group
About Amber Group
Amber Group is a global cryptocurrency financial services firm that provides trading, asset management, and technology solutions for retail and institutional clients. Founded in 2017, the company has grown into a major player in the digital asset ecosystem, offering a broad suite of products including spot and derivatives trading, crypto lending, staking, and treasury management services. Amber Group combines advanced trading technology with deep market expertise to deliver solutions across centralized and decentralized markets.
Overview
Amber Group operates as a full service crypto finance provider, bridging the gap between traditional finance and digital assets. Its platform supports high frequency trading, algorithmic strategies, and liquidity solutions, while also offering accessible products for retail investors such as interest earning accounts and staking services. The firm emphasizes institutional grade infrastructure, regulatory compliance, and global market access to serve a wide range of clients.
History and Background
Amber Group was founded in 2017 by a team of experienced finance and technology professionals, including CEO Michael Wu. The company began as a cryptocurrency trading firm focused on quantitative strategies and liquidity provision. Over time, it expanded into asset management, lending, and product offerings for institutional and retail clients. Headquartered in Hong Kong, Amber Group maintains a global presence with offices in key financial centers.
Throughout its growth, Amber Group has emphasized transparency, technology driven execution, and regulatory engagement. The company has built proprietary trading engines and risk management systems to navigate the complexities of volatile crypto markets while maintaining operational efficiency and security.
Core Products and Services
Amber Group provides a comprehensive suite of crypto financial services, including:
- Trading and Market Making, offering spot and derivatives trading, algorithmic strategies, and liquidity provision across multiple digital asset markets.
- Asset Management, including structured products, yield generation, and portfolio optimization for institutional and retail clients.
- Lending and Borrowing, enabling users to earn interest on crypto holdings or access liquidity through collateralized loans.
- Staking and Rewards, supporting participation in proof of stake networks to generate yield on digital assets.
- Technology Solutions, providing APIs, trading infrastructure, and treasury management tools for institutions and enterprises.
Technology and Features
Amber Group leverages proprietary technology for market data analysis, execution algorithms, and risk management. Its trading infrastructure is designed for low latency, high reliability, and scalable execution across multiple exchanges. The platform supports institutional grade custody solutions, multi asset trading, and integration with DeFi protocols to optimize yield opportunities and liquidity management.
The company also provides APIs and developer tools, allowing clients to integrate Amber Group’s trading and liquidity services into their own systems. Advanced risk monitoring, portfolio analytics, and automated execution algorithms are key components of the technology stack.
Use Cases and Market Position
Amber Group serves both retail and institutional participants in the crypto ecosystem. Use cases include:
- Professional trading and market making for high volume participants.
- Asset management and structured product offerings for investors seeking diversified exposure to digital assets.
- Lending and borrowing solutions to optimize capital efficiency and generate yield.
- Staking services to participate in proof of stake networks and earn network rewards.
- Institutional treasury management, including automated execution, liquidity provision, and risk monitoring.
The firm is recognized as a leading liquidity provider and technology driven crypto finance company, competing with both traditional financial institutions entering digital assets and other dedicated crypto finance firms.
Funding and Team
Amber Group has raised multiple rounds of funding from venture capital and strategic investors, totaling several hundred million dollars to support global expansion, product development, and technology infrastructure. Its leadership team includes seasoned professionals with experience in finance, trading, and blockchain technology. CEO Michael Wu and co founders bring expertise in quantitative trading, technology engineering, and capital markets.
The company maintains a global team across Hong Kong, Singapore, the United States, and Europe, supporting client services, research, product development, and compliance functions.
Risks and Considerations
Operating in the cryptocurrency market exposes Amber Group and its clients to risks including market volatility, regulatory changes, counterparty risk, and technology vulnerabilities. Crypto lending and derivatives trading involve complex financial risks that require sophisticated risk management and investor awareness. Users should consider these factors when engaging with Amber Group’s products.
The firm mitigates these risks through institutional grade custody, compliance frameworks, risk monitoring, and transparent reporting. Despite robust infrastructure, participants must recognize the inherent uncertainties of digital asset markets when utilizing trading, lending, and investment services.
Amber Group Services
WhaleFin is Amber Group’s flagship digital asset platform for individuals. For Institutional, it offers the following services:
Trading & Liquidity
- Electronic Market Making
- OTC Trading
- Execution Services
Investment Products
- Overcollateralized Lending & Investment Products
- Derivatives & Structured Products
Capital
- Collateralized Lending
- Staking
- Investing & DeFi
Amber Group News
Amber Group cuts Hong Kong workforce by 50%
Amber Group has delayed payment of bills to third-party vendors, while some are owed in arrears for up to six months.
- Amber Group reportedly looking to downsize despite raising $300M
Amber group is allegedly looking to lay off 400 people and cancel performance-based bonuses.
- Amber Group reportedly set to end $25M Chelsea deal, lays off 40% of workforce
Amber Group was caught up in the FTX contagion but set to survive by cutting costs across the board.
- Crypto firm Amber Group hits $3 billion valuation in funding round
Singapore crypto firm Amber gets funding led by Temasek, helping them to hire and expand their institutional business.
Amber Group Team
Michael Wu
Chief Executive Officer
Wayne Huo
Chief Operating Officer
Thomas Zhu
Chief Technology Officer
Amber Group Support
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