Amber Group led the DEX platform’s latest round, participating together with about 50 investors including Gemini Frontier Fund, Alameda Research and Jane Street Capital.

British Virgin Islands-registered decentralised exchange (DEX) operator 1inch Network secured $175m yesterday in a series B round led by crypto financial services provider Amber Group.

Some 50 investors took part in the round, including cryptocurrency trading and storage platform Gemini’s Frontier Fund and quantitative trading firms Alameda Research and Jane Street Capital, in addition to VanEck, Fenbushi Capital, Celsius Capital, Nexo Capital and Tribe Capital.

Founded in 2020, 1inch Network runs a DEX aggregation platform that enables users to identify…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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