Despite the rising interest among Asia’s investors, most wealth management firms in the region do not yet offer clients a digital assets proposition — and two-thirds of firms currently have no plans to do so, according to Accenture.
Singapore-based crypto trading and asset management startup Amber Group is reportedly raising a new round at a $10 billion valuation; 11 months ago it had just reached the unicorn status in a $100 million financing round. Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore.