Company Research Report: Babel Finance

Company Overview

• Name: Babel Finance

• Mission: Aiming to be the most prestigious institution in crypto finance, Babel Finance is committed to offering clients full crypto financial services with a solid infrastructure.

• Founded: 2018

• Founders: No information is available

• Key People:

• Del Wang - Co-Founder and CEO

• Headquarters: Hong Kong, Hong Kong

• Number of Employees: 11-50 employees

• Revenue: No information is available

• Known For: Babel Finance is a leading global cryptocurrency financial institution specialized in serving institutional and high-net-worth investors worldwide.

Products

Babel Finance offers a wide array of services segmented for both institutions and individuals. Here are the main offerings:

1. Crypto Lending and Borrowing:

• Description: Babel Finance's cryptocurrency lending business is among the top-tier globally, offering a variety of products supporting multiple currencies with high flexibility, security, and reliability.

2. Crypto Management:

• Description: Professional teams and robust strategies are employed to care for crypto assets, providing customized plans to maximize client's interests.

3. Crypto Prime Service:

• Description: A powerful cross-exchange portfolio-margin crypto asset trading platform.

4. Babel PRIVATE:

• Description: A high-end customer service platform that provides private bank-level crypto financial services to high-net-worth individual customers.

5. Babel Mining:

• Description: Offers mining pools, machine custody and operations, and other mining-related financial services.

6. Babel Ventures:

• Description: Focuses on supporting potential leaders in the field of blockchain technology and crypto finance via incubation and providing consortium chain solutions.

Recent Developments

1. Funding:

• Event: Babel Finance secured US$80 million in their Series B funding round, lifting the company's valuation to US$2 billion.

• Investors: Key investors include Jeneration Capital, 10T Holdings, Sequoia Capital China, Tiger Global Fund, Dragonfly Capital, BAI Capital, and other family offices in the Asia-Pacific region.

2. Moratorium Protection in Singapore:

• Development: Babel Finance has filed applications for Moratorium Protection in Singapore to address regulatory challenges.

3. Geographic Focus:

• *Business focus is in Asia, with headquarters located in Singapore.

Please note that some specific recent product launches and developments within products or partnerships are not provided in the available data.