Babel Finance suspended crypto withdrawals due to market volatility
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Babel Finance, the world’s leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly Capital and BAI Capital. Other investors include Circle Ventures and a
Babel Finance, the world’s leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion.
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, investment funds, and other traditional investors are embracing the emerging digital asset class. Founded in 2018, Hong Kong-based Babel is newly valued at […]
/PRNewswire/ -- Babel Finance, the world's leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing...