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Babel Finance Closes Us$80 Million Series B Fundraising Round At Us$2 Billion Valuation

May 25, 2022•over 3 years ago

Amount Raised

$80 Million

Round Type

series b

Lending And InvestmentsFinancial Services

Description

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 number of family offices in the Asia-Pacific region.

Company Information

Company

Babel Finance

About

Babel Finance is a leader in the crypto financial institutional investor services market, dedicated to providing institutional investors and ultra-high-net-worth accredited investors with professional services and customized solutions in crypto asset lending and trading. Babel Finance is supported by well-known investment institutions including Sequoia Capital China, Tiger Global Management, Dragonfly Capital, BAI Capital, Jeneration Capital, and 10T Holdings. For more information please visit: https://babel.finance/ SOURCE Babel Finance

Funding Insights

Based on industry data
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