Amber Group launches Amber Labs, an incubation research arm, and the Amber Eco Fund, an eco-fund

Amber Group, a digital asset services company, announced the launch of its incubation and research arm Amber Labs and the eco-fund Amber Eco Fund to promote the development of the Web3 ecosystem. Among them, Amber Eco Fund is the first actively managed equity investment product provided by Amber Labs to investors. It is supported by some sovereign wealth funds and family offices in the Asia-Pacific region. The plan mainly focuses on providing seed investment for early-stage companies, including Web3 foundation facilities, as well as applications such as DeFi, blockchain games, and decentralized social networks.