Amber Group co-founder Tiantian Kullander passed away on November 23; he was 30 years old.
Many in the banking and finance industry were taken aback by the news of the young crypto startup’s founder’s untimely death, which was announced in a statement late Sunday.
Who was Tiantian Kullander?
Kullander was a former trader at Morgan Stanley and Goldman Sachs known as “TT,” “suddenly” passed away in his sleep, according to the statement. No further information was disclosed. Death came suddenly in his sleep on November 23, 2022, and it is with profound sorrow that we share the news of our friend and co-founder Tiantian Kullander’s passing with you at this time.
His contributions were “critical to the establishment of Amber and a cornerstone of our success,” according to the release.
To every aspect of the company’s development, he devoted his full attention. It praised his “intellect, generosity, humility, diligence, creativity, and ability to lead by example.”
“TT was a visionary for the industry and a leader in the field of thought. It went on to say, “Countless startups and individuals benefited from his wealth of knowledge, his willingness to collaborate, and his desire to always help others.”
Following a recent $200 million funding round, Kullander’s Amber is now valued at $3 billion. He launched the firm in 2017 together with a network of financial experts, including alums from Goldman Sachs Group and Morgan Stanley.
Recently, it was reported that Amber Group was trying to raise an additional $100 million.
There are over 300 people working for the company between Hong Kong, Taipei, Seoul, and Vancouver. When Amber Group started up in 2017, the idea was to use machine learning to improve quantitative trading. In 2019, as the number of trades in cryptocurrencies grew, the company changed its focus to cryptocurrencies.
As a trader, Kullander was recognized by Forbes as one of the 30 Under 30.
“There are no adequate words to express the depth of our sorrow at the loss of TT, our great partner, and true friend,” said the Amber Group.
TT’s hope and dream were for Amber to become the clear market leader in its field, and we plan to honor his memory by keeping working toward this goal.
A “devoted husband,” “loving father,” and “fierce friend,” Kullander is survived by his wife and son.
