Cryptocurrency trading platform Amber Group is in discussions to raise fresh funding at a valuation of US$10 billion ($13.80 billion), according to people with knowledge of the matter.
The Singapore-based startup has begun talks with prospective investors about the new round, which would mark a more than tripling of the startup’s previous US$3 billion valuation, said the people, who asked not to be identified discussing private information.
A representative for Amber declined to comment.
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