Babel Finance

Babel Finance offers a variety of crypto-related services, including lending and borrowing, asset management, trading, mining, and venture investment. The firm aims to deliver a smooth and frictionless experience to its customers.

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Funding Round
Funding Amount
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Share Price
Series B25 May, 2022
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Series A10 May, 2021
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Babel Finance
Mar 6, 2023 Show on chart

Babel Finance Envisions DeFi Coin at Center of Restructuring After ...

A top executive at Babel Finance is betting a new stablecoin can resolve the troubled crypto lender's financial crisis, which came to a head last year when ...

https://www.bloomberg.com/news/articles/2023-03-05/babel-finance-envisions-defi-coin-at-center-of-restructuring-after-huge-loss
Babel Finance
Jul 30, 2022 Show on chart

Babel Lost 8,000 BTC And 56,000 ETH While Trading Customer ...

Crypto lender Babel Finance lost more than $280 million worth of Bitcoin and Ether due to proprietary trading with customer funds, according to a restructuring ...

https://www.investing.com/analysis/babel-lost-8000-btc-and-56000-eth-while-trading-customer-funds-200627812
Babel Finance
Jul 30, 2022 Show on chart

Crypto lender Babel lost over $280M worth of Bitcoin, Ether while ...

Babel Finance, the troubled cryptocurrency exchange, has reportedly lost more than $280M worth of Bitcoin (BTC-USD) and Ethereum (ETH-USD) in proprietary ...

https://seekingalpha.com/news/3863393-crypto-lender-babel-lost-over-280m-worth-of-bitcoin-ether-while-trading-client-funds-report
Babel Finance
Jul 30, 2022 Show on chart

Babel Finance Loses $280 Million, 8,000 BTC Of Customer Funds ...

Babel Finance lost $280 million of customer funds from unhedged trading....

https://www.nasdaq.com/articles/babel-finance-loses-%24280-million-8000-btc-of-customer-funds%3A-report
Babel Finance
Jul 30, 2022 Show on chart

Babel Finance Lost $280 Million Due To Unhedged Propriety ...

Babel Finance lost $280 million in customer funds due to unhedged propriety trading. Babel is seeking to raise hundreds of millions of dollars in debt and ...

https://www.benzinga.com/markets/cryptocurrency/22/07/28268357/babel-lost-280-million-due-to-unhedged-propriety-trading-report
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Investors3

Dragonfly Capital PartnersDragonfly Capital Partners
Sequoia Capital ChinaSequoia Capital China
Tiger Global ManagementTiger Global Management

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