• Amber Group's Michael Wu is chasing retail clients as well as institutional investors (Photo: Amber Group)
    Cryptocurrencies

    Crypto finance firm Amber Group crosses $530M in managed assets

    The asset manager and liquidity provider saw a 275% increase from $142M in the previous year as both institutional and retail investors come onboard

    January 20, 2021 /

    “This year was revolutionary for the crypto industry with the number of new companies and investors entering the space,” said Amber Group founder Michael Wu. It claims that more than 500 institutions, family offices, and high-net-worth clients use its Amber Pro services. This year, the cumulative value of all trades made on the platform was over $250 billion.

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  • Amber Group CEO Michael Wu will buy your options contract (Photo: Amber Group)
    Cryptocurrencies

    Amber App offers custom options contracts

    Amber Group today launched a product called “Yield Boost” that lets users create options contracts that are bought by the firm

    January 6, 2021 /

    Amber App's new “Yield Boost” product lets users customize options contracts, which will be bought by the company. More precisely, customers can choose a linked price and set a maturity date on their investment contract.

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