| Date | Title | Description |
| 13.11.2023 | Many Crypto-Corns Navigate Trying Times After FTX Fall | 3 Shares Email Facebook Twitter LinkedIn
It has been a tough go as of late for startups in the crypto space.
Everyone knows funding has plummeted in the sector, and Sam Bankman-Fried’s recent conviction brought FTX’s troubles back to the fo... |
| 13.03.2023 | Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin | Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes to avoid some of the flaws of his previous venture.
In... |
| 25.07.2022 | Thai authorities investigates possible losses for Zipmex users | CryptoNews
Xavier Kong · 25 Jul 2022 · 1 min readThai authorities investigates possible losses for Zipmex users
Thailand’s Securities and Exchange Commission is investigating potential losses for investors after crypto exchange Zipmex’s tem... |
| 21.06.2022 | HK crypto lender reaches debt deals to ease liquidity pressure | CryptoNewsStartups
Thao Lam La · 21 Jun 2022 · 1 min readHK crypto lender reaches debt deals to ease liquidity pressure
Babel Finance, a Hong Kong-based crypto lending platform, has reached preliminary agreements with counterparties on the ... |
| 17.06.2022 | Another crypto lending platform is freezing withdrawals as the industry's downward spiral continues | Crypto lender Babel is freezing withdrawals for users due to "unusual liquidity pressures."
It's the second major platform to do so this week as the crypto market faces a massive selloff.
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Another major crypto lending... |
| 17.06.2022 | Babel Finance Temporarily Suspends Withdrawals Due to “Unusual Liquidity Pressure” | Hong Kong-based cryptocurrency lending company Babel Finance has temporarily suspended its services, citing liquidity pressure due to extreme market conditions. Babel Finance Halts Withdrawals
In a blog post on Friday, Babel Finance stated ... |
| 27.05.2022 | Babel Finance Now Valued at US$2 Billion With US$80 Million Fundraise | Babel Finance, a Hong Kong-based wholesale crypto financial services provider, announced that it has raised a US$80 million Series B financing round at a valuation of US$2 billion. |
| 26.05.2022 | Babel Finance bags $80m Series B at $2bn valuation | Hong Kong-based Babel Finance, a wholesale crypto financial services provider, has completed an $80 million Series B round at a valuation of $2 billion.
Babel Finance raises $80m Series B
Investors in this round were Jeneration Capital and ... |
| 25.05.2022 | Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation | Del Wang, cofounder and CEO of Babel Finance. Babel Finance |
| 25.05.2022 | Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B | Babel Finance reached unicorn status after raising $80 million in a funding round that valued the crypto financial services provider at $2 billion.
The leading investors were China-focused venture capital fund Jeneration Capital, U.S. crypt... |
| 25.05.2022 | Hong Kong-Based Crypto Startup Babel Finance Hits $2B Valuation After Raising $80 Million | Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation
The round was led by global investment firm Jeneration Capital and 10T H... |
| 25.05.2022 | Crypto asset manager Babel Finance reaches $2B valuation | Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could be an indicator of how banks, investmen... |
| 25.05.2022 | Digital Asset Financial Services Provider Babel Finance Finalizes $80M Series B at $2B Valuation | Babel Finance, the wholesale crypto financial services provider, recently announced the completion of a $80 million Series B financing round “at a valuation of $2 billion.”
The main investors in this investment round “include Jeneration Cap... |
| 25.05.2022 | Babel Finance Closes US$80M Series B Funding | Babel Finance, a Hong Kong-based wholesale crypto financial services provider, raised US$80M in Series B funding at a valuation of US$2 billion.
Backers included Jeneration Capital, 10T Holdings, Dragonfly Capital, BAI Capital, Circle Ventu... |
| 16.05.2022 | Babel Finance: Co-Founder Del Wang on His Faith in Blockchain and Crypto | SINGAPORE – Media OutReach – 16 May 2022 -Del Wang, Co-Founder and CEO of Babel Finance, has faith that Blockchain and Bitcoin will gradually become mainstream for the financial world and investors as a whole, as some financial organization... |
| 05.05.2022 | Babel Finance Appoints Yang Song as Treasury Head as Crypto Lending Business Expands | HONG KONG SAR – Media OutReach – 6 May 2022 – Babel Finance announced on April 18 the appointment of Yang Song as Head of Treasury. Babel Finance Financial Services has newly established this role as the business expands the scope of its se... |
| 10.03.2022 | Babel Finance : 2021–2022 Crypto Asset Market Predictions | HONG KONG SAR – Media OutReach – 11 March 2022 – Babel Finance Asset Management’s research specialists are optimistic about the long-term value of crypto assets. Since the currency’s birth, long-term Bitcoin(BTC) investors have profited han... |
| 14.02.2022 | Babel Finance announces participation in Crypto Derivatives Platform Paradigm | SINGAPORE – Media OutReach – 15 February 2022 – Crypto financial service provider Babel Finance, recently announced its participation in the crypto derivatives platform Paradigm. Taking part in the US$35 million Series A funding round of Pa... |
| 28.01.2022 | Babel Finance Raises US$40 Million From Tiger Global Management, Sequoia China | Babel Finance, a Hong Kong-based crypto financial-services startup, has raised US$40 million from a slew of global investors. |
| 20.01.2022 | Babel Finance Announces New Partnership With Chainalysis Leading to Innovations in Crypto Lending and Financing | HONG KONG SAR – Media OutReach – 21 January 2022 – Babel Finance‘s financial services announced in December 2021 its partnership with Chainalysis. This will offer our institutional investors and high-net-worth individuals worldwide top in c... |
| 30.07.2021 | Babel Finance Appoints Edmond Lau as CFO Following $40 Million Series A Funding | Lau’s Accomplished, Diverse Experience in Financial Industry to Bolster Firm’s Risk Management, Compliance Capabilities
Babel Finance, a leading global cryptocurrency financial services provider, announced the appointment of Edmond Lau as C... |
| 11.05.2021 | Babel Finance Secures $40 Million in Series A Round from Global Investors Amid Increasing Demand For Crypto Financial Services | Babel Finance looks to serve mainstream investors and expand globally with selected investors experienced in global compliance and with extensive business networks
Babel Finance, a leading global crypto financial service provider, announced... |
| 10.05.2021 | Babel Finance raises $40 million as interest grows in Asian crypto | SHANGHAI (Reuters) - Hong Kong-based crypto lender and asset manager Babel Finance said on Monday it has secured funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.
The $40 million fundraising, which a... |
| 10.05.2021 | HK-based crypto lender Babel Finance raises $40m from Sequoia China, others | Premium
Hong Kong-based crypto lender and asset manager Babel Finance said on Monday that it has secured funding from investors including Zoo Capital, Sequoia Capital China, and Dragonfly Capital.
Continue reading this story with a subscrip... |
| 10.05.2021 | Babel Finance Raises $40M in Series A Funding | Babel Finance, a Hong Kong-based global crypto financial service provider, raised $40M in Series A funding.
The round was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, and Tiger Global Management... |
| 10.05.2021 | Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global | Crypto-lending startup Babel Finance has raised $40 million in a Series A funding round led by Zoo Capital, Sequoia Capital China, Tiger Global Management and other investors.
The round marks the first steps into Asia’s crypto finance indus... |
| 10.05.2021 | HK-based crypto lender Babel Finance raises $40m from Sequoia China, others | Hong Kong-based crypto lender and asset manager Babel Finance said on Monday that it has secured funding from investors including Zoo Capital, Sequoia Capital China, and Dragonfly Capital.
The $40 million fundraising, which also includes BA... |
| 10.05.2021 | Hong Kong-Based Crypto Financial Service Provider Babel Finance Secures $40 Million Through Series A Funding Round Led By Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital, & Bert... | Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Berte... |
| 27.12.2020 | China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant | What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26th, announcing a sweeping plan for the fintech firm to “rectify” its ... |
| 11.10.2020 | China’s digital yuan tests leap forward in Shenzhen | Shenzhen, known for its maker community and manufacturing resources, is taking the lead in trialing China’s digital yuan.
Last week, the city issued 10 million yuan worth of digital currency to 50,000 randomly selected residents who applied... |
| - | Crypto lender Babel Finance valued at $2 billion after latest fundraising | (Reuters) - Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion.
Investors who participated in the Series B financing round i... |
| - | Another crypto lending platform is freezing withdrawals as the industry's downward spiral continues | A trader works at the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022. Michael Nagle/Xinhua via Getty
Crypto lender Babel is freezing withdrawals for users due to "unusual liquidity pressures."
It's t... |
| - | Crypto lender Babel Finance valued at $2 billion after latest fundraising | Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion.
Investors who participated in the Series B financing round include Jener... |