Tag : Babel Finance

Babel Finance Closes US$80 Million Series B Fundraising Round at US$2 Billion Valuation
Cryptocurrency Finance News

Babel Finance Closes US$80 Million Series B Fundraising Round at US$2 Billion Valuation

Fintech News Desk
The latest funding round propels Babel Finance into the ranks of the world’s most valuable crypto financial services companies in the institutional services sector 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......
Babel Finance Issues First Collateralised USDC eNoteTM Based on FQX's Solana dApp Using Fireblocks Custody Wallets
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Babel Finance Issues First Collateralised USDC eNoteTM Based on FQX’s Solana dApp Using Fireblocks Custody Wallets

Fintech News Desk
Babel Finance, a leading global crypto financial services provider, announced that it has successfully issued the first collateralised USDC note via eNotes, a smart contract-based global debt instrument, provided by blockchain start-up FQX AG on their Solana environment. The transaction was executed using a Fireblocks custody wallet. The principal was......
Babel Finance Completes 2-year US$50 Million BTC/ETH Cross Cryptocurrency Swap
Cryptocurrency News

Babel Finance Completes 2-year US$50 Million BTC/ETH Cross Cryptocurrency Swap

Fintech News Desk
The long-term swap improves liquidity in cryptocurrency debt market Babel Finance announced its completion of a 2-year Mark to Market Cross Cryptocurrency Swap, equivalent to US$50 million between Bitcoin and Ethereum. Quick Facts Transaction: Market to Market Cross Cryptocurrency Swap (MtM CCS) Currencies: BTC and ETH Amount: US$50M This is a rare 2-year......
Babel Finance Opens Business Headquarters in Singapore, Appoints Shanshan Yu as CEO to Drive Expansion
Fintech News

Babel Finance Opens Business Headquarters in Singapore, Appoints Shanshan Yu as CEO to Drive Expansion

Fintech News Desk
Babel Asia to strengthen firm’s global crypto services offering with an emphasis on compliance Babel Finance, a leading global cryptocurrency financial services provider, today announced the opening of a business headquarters in Singapore named Babel Asia, with Shanshan Yu appointed Chief Executive Officer (CEO). Babel Asia will enhance the company’s role as a key crypto player......
Babel Finance Appoints Edmond Lau as CFO Following $40 Million Series A Funding
Cryptocurrency Fintech News

Babel Finance Appoints Edmond Lau as CFO Following $40 Million Series A Funding

Fintech News Desk
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 Chief Financial Officer (CFO). The announcement comes amid the company’s rapid global expansion, following the completion of its US$40 million Series A funding......
Babel Finance Secures $40 Million in Series A Round from Global Investors Amid Increasing Demand For Crypto Financial Services
Cryptocurrency Finance Fintech News Risk Management

Babel Finance Secures $40 Million in Series A Round from Global Investors Amid Increasing Demand For Crypto Financial Services

Fintech News Desk
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 the completion of its strategic Series A fundraising of US$40 million. The round was led by Zoo Capital, Sequoia Capital......
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