Because of this transaction, Amber Group is now able to engage in relevant regulated activities that fall within the aegis of its Type 1, 2, 4, 5, and 9 licenses from the Hong Kong Securities and Futures Commission.
Celera Markets Limited is a fully licensed financial group by the Securities and Futures Commission (SFC) of Hong Kong. Amber Group, the premier global digital asset platform, has made the announcement today that it has acquired Celera Markets Limited. The acquisition marks an important milestone for Amber Group as it moves forward with efforts to strengthen its product portfolio and close the gap between traditional and digital finance around the world.
Celera Markets is a discretionary asset management firm that is engaged in traditional securities and derivatives brokerage services, with an emphasis on algorithmic execution spanning global venues and asset management mandates. The company is licensed under the Hong Kong Securities and Futures Commission (SFC), and it is a licensed corporation.
The acquisition takes advantage of the synergies that exist between Celera Markets and Amber Group. Amber Group has its sights set on expanding its advisory and deals offering for financial instruments while adhering to the regulatory parameters set by the SFC. The acquisition leverages these synergies. As a result of the acquisition, Amber Group now holds five different types of SFC licenses: Type 1, 2, 4, 5, and 9. These licenses grant the company the authority to carry out a wide variety of services, such as providing asset management services, advising on and trading in securities and futures contracts, and dealing in securities and futures contracts.
This is a watershed event for Amber Group, which comes at a time when the regulatory landscape in the financial industry is becoming increasingly complex. Amber Group's foothold in Hong Kong, a leading global financial center and one of the world's most active and liquid securities markets, will be strengthened as a result of the acquisition, effectively widening the reach of the company's products and services to legacy financial market participants. Hong Kong is one of the world's most active and liquid securities markets.
"Hong Kong maintains significant strategic value as a key global finance hub, and we are happy to be merging the best from traditional and digital finance as we extend our position in the market." "Hong Kong offers tremendous strategic value as a key global financial hub." Celera Markets, as a player in asset management with a track record spanning a decade, offers substantial market expertise and TradFi experience. Both of these aspects are essential to our global aim to facilitate the convergence of TradFi and digital asset finance. This acquisition also marks a key milestone in Amber Group's dedication to regulatory compliance, which is important to us as we work toward our goal of gaining the trust and confidence of institutional investors in crypto assets. Michael Wu, the Chief Executive Officer of Amber Group, stated that they are looking forward to ushering in a new era of finance in Hong Kong. "As we continue to hold ourselves to the highest compliance standards and win the trust of an SFC-approved institution, we look forward to welcoming a new era of finance in Hong Kong."
Regarding the Amber Group
Amber Group is a leading digital asset platform that is active all over the world and has offices in all of the major regions, including Asia, Europe, and the Americas. The company offers a comprehensive range of services pertaining to digital assets, including investment, financing, and trading. Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures, and Blockchain.com are among the notable investors who have provided financial support for Amber Group.
Please visit www.ambergroup.io for any other information that you may require.