The crypto market is thriving in Asia—today it’s home to at least 80% of global crypto trading. Now top U.S. crypto investors, including Pantera Capital, Paradigm, Polychain, Coinbase and Dragonfly are lunging at an opportunity for a piece of that market. They’re sinking $28 million into Hong Kong-based crypto trading firm Amber at a $100 million valuation. Amber started in 2015, when a group of five twenty-somethings in Hong Kong—four of which were Morgan Stanley traders—formed a company called Amber AI. They initially used artificial intelligence algorithms to trade Chinese stocks and other securities, but they ... (full story)