Former Wall Street Traders Create Billion Dollar Crypto Business

by nypost.com posted 1month ago 2 views
Amber Group — a cryptocurrency startup created by ex-Morgan Stanley traders — has reached unicorn status as investors pour in $100 million at a $1 billion valuation. The Hong Kong-based company uses algorithmic trading, commonly used by Wall Street firms investing in stocks and indexes, to arbitrage the massive price swings in digital coins. Amber...

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