Latest news with #AmberGroup
Yahoo
02-04-2025
- Business
- Yahoo
Amber's Nasdaq Debut Signals IPO Wave for Crypto Firms, Pantera's Veradittakit Says
Amber Group's (AMBR) listing on Nasdaq earlier this month paves the way for more crypto companies to take the same path, said Paul Veradittakit, a partner at Pantera Capital. Pantera was an early investor in the Hong Kong-based provider of crypto financial services to institutions, whose subsidiary Amber International listed on the exchange on March 13. Public listings of crypto-focused companies will attract institutional investors who previously lacked a structured way to enter the crypto space while also bringing in fresh capital, which analysts have noted the crypto market is currently lacking, Veradittakit said in an interview. "We are going to see a lot of U.S. companies hitting the public markets,' he said, noting that 10 companies in Pantera's portfolio are considering the move.. Crypto custody companies, stablecoin issuers and developer platforms are considering the process, he said. On Tuesday, Circle, the issuer of the USDC stablecoin, said it filed to go public on the New York Stock Exchange. Veradittakit emphasized that clearer and more supportive regulation in the U.S. provides important "tailwinds" for crypto IPOs, helping international companies like Amber see opportunities to list publicly in the country. Amber's listing also shows that the crypto market is not a zero-sum game between Asia and the U.S., but rather as a bridge connecting U.S. liquidity with Asian innovation and expertise, according to CEO Wayne Huo, who emphasized that the overall financial market is large enough for cooperation. 'In the past, we've seen technology breakthroughs are the fastest when the East and the West work together,' he said. Amber intends to use the capital and visibility from the listing to support its international expansion and the development of institutional crypto financial services. The company's shares closed at $11.38 on Tuesday, giving it a market cap of about $1 billion. 'Right now, it's just the beginning of our much, much bigger stage going forward,' Huo said. Sign in to access your portfolio
Associated Press
26-03-2025
- Business
- Associated Press
Amber International to Ring Nasdaq Closing Bell on March 28, 2025, Celebrating Successful Nasdaq Listing and Strategic Growth Momentum
SINGAPORE, March 26, 2025 /PRNewswire/ -- Amber International Holding Limited (Nasdaq: AMBR) ('Amber International,' 'we,' 'us,' 'Company,' or 'AMBR'), a leading provider of institutional crypto financial services & solutions and operating under the brand name 'Amber Premium,' today announced it will celebrate its recent Nasdaq listing and accelerating growth by ringing the Nasdaq Closing Bell on Friday, March 28, 2025. The ceremony underscores Amber International's successful transition to a publicly listed company on March 13, 2025, when it began trading under the ticker symbol 'AMBR.' The listing represents a significant milestone in the institutionalization of digital assets—making Amber International the first Singapore-based crypto company, and one of the few from Asia, to be listed on Nasdaq. The Nasdaq Closing Bell Ceremony, hosted at the iconic Nasdaq MarketSite in Times Square, New York City, is a prestigious tradition celebrating corporate achievements and growth. Amber Premium's leadership, including CEO and Director Wayne Huo and Chairman of the Board and CEO of Amber Group Michael Wu, will be joined at the ceremony by executives, employees, key clients, strategic partners, and industry leaders to celebrate this milestone. Wayne Huo, CEO and Director of Amber Premium, remarked: 'Ringing the Nasdaq Closing Bell is a proud moment for all of us at Amber Premium. It reflects the hard work, resilience, and focus that have brought us to this milestone—becoming a Nasdaq-listed company trusted by institutions and high-net-worth clients around the world. We've built Amber Premium with a clear mission: to provide institutional-grade access to the digital asset economy—securely, efficiently, and compliantly. The listing validates that mission, and it also marks the beginning of our next chapter. We'll continue to expand globally, scale our infrastructure, and innovate alongside our clients as we shape the next generation of institutional crypto finance.' Michael Wu, Chairman of the Board of Amber Premium and CEO of Amber Group, added: 'The bell ringing ceremony marks a significant milestone for Amber Premium, affirming our position as a global leader in institutional crypto finance and digital asset innovation. From our humble beginnings as a startup to becoming a Nasdaq-listed company with a billion-dollar market capitalization, we are proud of how far we've come—and even more excited for what lies ahead. Amber Premium will continue to scale globally, upholding the highest standards of governance, transparency, and client-centric innovation. I'm incredibly proud of our team's dedication and grateful for the unwavering trust of our investors over the years. As we ring this bell, we reaffirm our long-term commitment to creating value for all stakeholders and using technology to shape a better, more inclusive future.' The ceremony will be broadcast live on the Nasdaq website at with live footage and event highlights starting at 3:45 p.m. Eastern Time. Photos and videos of the event will also be available on Amber International's social media channels shortly after the ceremony. About Amber International Holding Limited Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name 'Amber Premium', is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at Disclaimer The availability of Amber Premium's products and services is subject to regulatory approvals, jurisdictional restrictions, and compliance requirements as may be applicable in relevant jurisdictions. Certain offerings may not be available in all regions. Forward-Looking Statements This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'potential,' 'continue,' 'is/are likely to' or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Media & Investor Contacts In Asia: Amber International Holding Limited Serena Wang Tel: +65 6022 0228 In the United States: International Elite Capital Inc. Annabelle Zhang
Bloomberg
18-02-2025
- Business
- Bloomberg
Hudson River, Amber Crypto Quant Vets Want to Take on Solana
A pair of veterans from the quantitative trading world have launched a blockchain startup that wants to help other crypto projects seeking to replicate the success of the Solana network. Anit Chakraborty, who was most recently a software engineer at proprietary trading firm Hudson River Trading for over 15 years, has joined Annabelle Huang, former managing partner at crypto market maker Amber Group to form Altius Labs. They've raised $11 million in a pre-seed funding round co-led by Peter Thiel's Founders Fund and digital-asset investment firm Pantera through an instrument know as a SAFE, or a simple agreement for future equity, as well as token warrants, Chakraborty and Huang said in an interview.
