Tuesday 19 October 2021
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scmp - 26 days ago

Hong Kong crypto unicorn eyes US listing amid regulatory uncertainty over asset lending ditched by Coinbase

Hong Kong crypto finance firm Amber Group is considering a direct listing in the US within the next two years, as the firm rapidly expands amid increasing cryptocurrency adoption worldwide, according to co-founder and CEO Michael Wu.A direct listing is “definitely on the table probably next year or the year after … We’re working on that”, Wu said in an interview with the South China Morning Post. “The US is a likely destination, but we’re open-minded.”Since its founding in 2017 by a group of…


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