Babel Finance
@BabelFinance
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Babel Finance is a leading global cryptocurrency financial institution specialized in serving institutional and high-net-worth investors worldwide.
Hong Kong
Joined March 2018
Babel Finance says it's won a reprieve on debt repayments to ease liquidity pressure. It's also in talks with large institutions about potentially setting up a new entity to take over some of the debt (h/t @MuyaoShen)
bloomberg.com
Babel Finance, the distressed crypto lender which froze withdrawals on Friday, said it won a reprieve on debt repayments as it battles to survive a tumultuous slump in cryptocurrency markets.
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.@BabelFinance says it has reached 'preliminary agreements' with major counterparties 'on the repayment period of some debts'
BREAKING: Crypto lender Babel Finance announces steps to improve its liquidity situation https://t.co/MSPVv4yeaH
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Babel Finance: Comparative Analysis of the Stock Market and Bitcoin Reactions to Fed’s Policy Full article here:
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Waiting for my potion 😂🥳🎉🍷 @BabelFinance @consensus2022 #Consensus2022 #blockchain #Cryptos #Banking
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@BabelFinance doing it big ,😁😁😁😎🎉 @consensus2022 #consensus22 #blockchain #babelfinance #crypto #Bitcoin
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Satoshi Hour For Bitcoin Whales made it’s round to Austin, Texas! Lovely meeting everyone at #Consensus2022 , thanks for hanging around!
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Amazing way to end of #BlockchainFest2022 with @FireblocksHQ at the iconic #celavisingapore @marinabaysands 🎉 Thank you! Tag us in your pictures!
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Thank you @BabelFinance and @FireblocksHQ for hosting us at the rooftop of @marinabaysands! Fireblocks has been a solid partner, with $ALGO fully integrated and further developments to be announced soon! #Algorand #AlgoFam
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Satoshi Hour For Bitcoin Whales is coming to Austin! Opening up our last few slots for the sold out event - fastest fingers only! Sign up now! https://t.co/ODONN4kDCN
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Glad to have our Managing Director - Babel Asia COO Ryan Wu to speak on “Roundtable on Digital Asset Investment” organised by Caproasia, for asset managers, family offices and UHNW&HNW in Asia - helping them connect to crypto asset allocations.
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Babel Finance is jetting to Austin, Texas for @consensus2022 ! What a way to spend the summer, see you there! Counting down the days! #Consensus2022
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Crypto-focused venture capital fund @NGC_Ventures has raised $100 million for its latest blockchain fund, which is focused on Web 3 projects. By @JamieCrawleyCD
https://t.co/e3gXrdkbqT
coindesk.com
Crypto-focused venture capital fund NGC Ventures has raised $100 million for its third blockchain fund.
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Excited to support the growth of our partner @BabelFinance
Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation Full article here: https://t.co/tYHcpGBlQD
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. @BabelFinance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna.
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Babel Finance hits $2 billion valuation in new funding round (via @Yogita_Khatri5) https://t.co/D666Jj5U0t
theblock.co
Crypto firm Babel Finance has raised $80 million in a Series B funding round and is now valued at $2 billion.
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Crypto lending platform @BabelFinance has achieved unicorn status after raising $80 million in a Series B funding round. By @egreechee
https://t.co/4T4y9O15hV
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Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation Full article here: https://t.co/tYHcpGBlQD
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Babel Finance and FQX target bond market with crypto 'eNote' debut By @LHM1
https://t.co/C9XDji3INa
theblock.co
The proof-of-concept transaction demonstrates crypto's potential to enter the $100 trillion global bond market.
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The coin’s market-cap dominance has risen “sharply” during the latest selloff, reaching 45%, the highest level this year, according to data compiled by Babel Finance https://t.co/9xb6dvdbsr
bloomberg.com
Bitcoin might be having a tough time of late, but it’s holding up much better than other cryptocurrencies, showcasing its ability to stay dominant during rough spells.
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Circle partner @BabelFinance launches smart contract mediated promissory note w startup https://t.co/0gbVduAJKd using USDC. Debt capital markets on the move to crypto.
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