HONG KONG SAR -�Media OutReach�-�27 January 2022�-�Babel Finance, an Asian-based crypto financial-services startup, made the first crypto deal in Asia for several global investment firms. With a $40mln injection,�Babel Finance cryptocurrency�has shown that there is ever-growing investor demand for the digital currency market in Asia.

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The investors included Tiger Global Management, Sequoia Capital China, Sequoia-affiliated Dragonfly Capital, Bertelsmann (through its Asia-focused investment arm BAI Capital), and Zoo Capital. Babel finance is the first crypto portfolio for them.�

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Babel Finance cryptocurrency�services have used this financing round in a strategic move to build strategic external partnerships. These strategic partnerships include investing in Paradigm and leveraging compliance services with its partnership with Chainalysis.

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Babel Finance's crypto market�footprint has been strengthened with its recent investment in Paradigm. Through this investment, Babel Finance Investment now has unified access to multi-asset, multi-protocol liquidity on demand without compromising execution preferences, costs, and immediacy.

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Chainalysis, a leading blockchain data platform, will provide Babel Finance with its KYT (Know Your Transaction) and Reactor services. This will allow Babel Finance to have a real-time transaction monitoring solution providing alerts to their compliance team. Chainalysis's Reactor service can connect cryptocurrency transactions to real-world entities, enabling compliance teams to examine criminal and legitimate activities. Babel Finance's crypto lending�service offering, for example, now has a heightened capacity to safeguard clients' interests and investments and comply with Anti-Money Laundering regulations.�

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Babel Finance's Hong Kong office and its other offices in Asia are ready to serve its clients' needs and the growing interest in crypto in the region. With this recent $40 mln investment, Babel finance will innovate its offering of crypto financial services (crypto lending, crypto prime financing, and crypto asset management). With its expert team from first-tier financial institutions such as PwC, China Merchants Bank, Deutsche Bank, Credit Suisse, Lazard, Industrial and Commercial Bank of China, and mainstream technology companies, it provides cutting-edge services in cryptocurrency financing.

About Babel Finance

Babel Finance is a global leading crypto financial services provider, offering institutional and HNWI investors professional services covering crypto lending and crypto trading.

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The company is backed by prominent investors including Sequoia Capital China, Tiger Global Management, BAI Capital, Zoo Capital, Dragonfly Capital, and NGC Ventures.

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With a business focus in Asia and a business headquarters in Singapore, Babel Finance has established close cooperative relationships with major global exchanges, custodians, investment funds, and mining institutions.

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https://twitter.com/BabelFinance

https://www.linkedin.com/company/babelfinance/

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#BabelFinance

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