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Hong Kong crypto unicorn eyes US listing amid increased regulatory scrutiny

September 24, 2021
Source: hksar.org hksar.org
News Snapshot:
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 quantitative traders from Morgan Stanley, Amber Group has grown to more than 400 employees...
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