Coinbase’s bet on Amber Group pays off as it hits a $1B valuation

Cryptocurrency trading firm Amber Group has reached unicorn status with its latest funding round of $100 million today. The Hong Kong-based firm raised money in the Series B round led by China Renaissance.  Other firms contributing to the $100 million sum included some prominent names, such as Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, Sky9 Capital, DCM Ventures, and Gobi Partners. The company — backed by Coinbase in Series A investment roun