Crypto trader Amber raises $300m to offset fallout from FTX collapse

Crypto trader Amber raises $300m to offset fallout from FTX collapse

FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration

Singapore-based crypto trading and lending platform Amber Group has completed a $300 million Series C funding round to protect clients affected due to the collapse of FTX’s collapse, it shared of Twitter on Friday.