Amber Group pulled the sum of $200 million in a Series B+ funding round led by Temasek back in February, placing the startup’s valuation at $3 billion.
Singapore-based digital assets platform Amber Group has announced the appointment of Ehsan Haque as the company’s General Counsel to lead the startup’s Europe, Middle East, and Africa region (EMEA) unit. The ascension of Ehsan as the General Counsel trails the company’s ambitious plans to expand its global footprint to be more competitive in today’s fast-growing digital currency ecosystem.
Ehsan Haque has charted a very robust career as in-house counsel in a number of startups and global financial companies. Prominently, Ehsan spent many years being trained at the renowned international law firm, Slaughter and May.
Thereafter, Ehsan moved to Deutsche Bank (ETR: DBK) as an in-house counsel where he oversaw the bank’s Equities Sales Trading and Global Markets Derivatives. He later joined Royal Bank of Scotland (RBS) Global Banking. He was part of the senior management team at Nomura’s EMEA Legal Department where he led the Equities legal product coverage for the region.
By bringing on his years of experience, Ehsan will work hand in hand with Wayne Huo, Amber Group’s Chief Operating Officer, opening up broader access to the company by maintaining relationships with regulators in the EMEA region.
“I am excited to be joining Amber Group at this stage of its incredible growth journey so far. The regulatory landscape for digital assets is ever-evolving and these coming few years will be defining ones for the industry as we work towards securing eventual regulatory clarity across the EMEA region and the world. I look forward to supporting the company’s growth and to guiding the legal and regulatory risk management as part of Amber Group’s strategy in the EMEA region,” says Ehsan Haque.
Besides his broad experience with traditional markets, Ehsan has also had a stint with cryptocurrency platforms including Lendingblock, a cryptocurrency borrowing, and lending platform. This experience has prepared Ehsan for the role with Amber Group.
Amber Group and Its Growth Agenda
Amber Group operates a platform that is helping to build the future of digital assets. The company caters to the needs of both retail (through its WhaleFin solution) and institutional investors through a series of Trading & Liquidity offerings, Yield Products, and Capital provisions to power collateralized lending, mining, and staking and Decentralized Finance (DeFi) respectively.
As reported by Coinspeaker, Amber Group pulled the sum of $200 million in a Series B+ funding round led by Temasek back in February, placing the startup’s valuation at $3 billion. Using the funding and the professional expertise that Ehsan brings on board, the company can now focus on expanding its growth strides in the EMEA region.
“The EMEA region has long been a strategic market for Amber Group as the region has led a variety of neobank and neobroker-related innovations for the global financial ecosystem. We are proud to be welcoming Ehsan who makes a great addition to our team at Amber Group. With his strong track record in both traditional finance and emerging fintech start-ups, we are excited to work with Ehsan and build a strong regulatory framework that supports the viability and utility of new industry innovations in the EMEA region and accelerate the company into the next phase of growth,” says Amber Group Global COO, Wayne Huo.