Weekly investor roundup: Temasek leads $200 million round for digital assets firm; Hong Kong budget 2022-23
Temasek leads $200 million round for Amber Group; Hong Kong forecasts 2-3.5% GDP growth for fiscal 2022, with wealth connect enhancements and ETF-connect on the way; Australia's Future Fund implements sanctions on Russia as imposed by Australia, US and EU; and more.
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TOP NEWS OF THE WEEK:
A consortium led by Singapore’s Temasek Holdings has raised a $200 million Series B+ round for Amber Group, a leading global digital asset platform.
The other investors include Amber’s existing shareholders Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others.
With this current round – the group had raised $100 million in an earlier Series B round last year – the company is now valued at $3 billio…
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