What WhaleFin is
WhaleFin was Amber Group's crypto-asset platform for the general public; the group was founded in 2017 and Michael Wu is one of its co-founders. Launched in Singapore on 15 December 2021, it brought together the tools of Amber Pro and the Amber app. According to the launch press release, it allowed users to trade more than a hundred crypto-assets and offered yield products, structured products and margin trading with crypto-backed loans, instruments that can lead to a loss of capital. In December 2022, after the collapse of FTX, Amber Group cut staff and costs and terminated its sponsorship deal with Chelsea; the press reported a halt to its retail activities, but the WhaleFin app remained available. On 12 March 2025 Amber Group's digital wealth management arm merged with the listed company iClick Interactive Asia Group, renamed Amber International Holding. Since 30 April 2025, according to the company, WhaleFin has been called Amber Premium, a service aimed mainly at institutional and high-net-worth clients. (Verified: October 2026)
Regulation and licences
(Verified: October 2026)
- MiCA: NO — neither WhaleFin nor Amber Premium/AMBR appears in the ESMA register of crypto-asset service providers (updated on 22 October 2026): they are not authorised to offer these services in the European Union.
- Hong Kong — WhaleFin Markets Limited applied to the SFC for a virtual asset platform licence on 21 February 2024; on the SFC list updated on 16 October 2026 it appears as an applicant that has ceased its platform business. On 14 October 2026 Amber International announced that the application will not be pursued and that it is giving up acquiring the company.
- The Amber Premium brand outside the EU — in Singapore it is used by Sparrow Tech Private Limited, a MAS Major Payment Institution for digital payment tokens; in Dubai by Amber Premium FZE, which has held a VASP licence from VARA since 2 April 2026. These are local licences, not valid in the European Union.
- CONSOB (Italy's securities regulator) — no warning or blocking order for WhaleFin, whalefin.com, Amber Group or Amber Premium.
Security
There are no significant public incidents on record involving the loss of WhaleFin customers' funds (Verified: October 2026). The company stated that it entrusted custody to institutional providers, including Fireblocks. On 9 November 2022, during the collapse of FTX, Amber Group said that around 10% of its trading capital was stuck on that exchange; the group also gave assurances that its day-to-day operations had not been interrupted.
Headquarters and contacts
- Amber International Holding Limited, a Cayman Islands company with its principal office at 1 Wallich Street, #30-02 Guoco Tower, Singapore (SEC filings, October 2026). WhaleFin Markets Limited, a Hong Kong company, belongs to Amber Global Limited (Amber Group).
- Official website: none. The whalefin.com domain redirects to AMBR's website (checked on 26 October 2026).
Alternatives
For anyone looking for a similar service that is operating and authorised in the EU:
- SwissBorg — crypto-asset management app, MiCA-authorised by France's AMF (March 2026)
- Crypto.com — app and exchange, MiCA authorisation from Malta's MFSA (January 2025)
- Kraken — exchange MiCA-authorised by the Central Bank of Ireland (June 2025)
FAQ
Does WhaleFin still exist? No, not under this name: according to the company, it has been called Amber Premium since 30 April 2025. (Verified: October 2026)
What happened to WhaleFin accounts? According to the company, the app and website switched to the Amber Premium name, and in April 2026 former users were being referred to its customer support. Be wary of anyone offering, for a fee, to recover funds on WhaleFin's behalf.
Is WhaleFin authorised in the EU? No: neither WhaleFin nor Amber Premium appears in the ESMA register of providers authorised under MiCA. (Verified: October 2026)
Verified sources
- https://web.archive.org/web/20260618090409/https://s3.whalefin.com/dist-web/whalefin-web/d
- https://www.sec.gov/Archives/edgar/data/1697818/000110465926115742/tm2627583d1_6k.htm
- https://www.sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-tr
- https://www.ambr.io/insights/amber-premium-transforms-into-ambr-dedicated-to-building-spec
- https://www.sec.gov/Archives/edgar/data/1697818/000110465925039784/tm2513315d1_ex99-1.htm
- https://web.archive.org/web/20260513132857/https://play.google.com/store/apps/details?id=i
- https://www.media-outreach.com/news/singapore/2021/12/15/111281/amber-group-reimagines-dig
- https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-
