Babel Finance
Babel Finance was a Hong Kong-based crypto financial services provider offering crypto asset lending and borrowing, asset management, brokerage and derivatives trading, and mining-related financing to institutional and high-net-worth clients. It reached a USD 2B valuation on an USD 80M Series B in May 2022 with backing that included Multicoin Capital, then froze customer redemptions and withdrawals weeks later in June 2022 amid the Three Arrows Capital and Celsius contagion. The company disclosed roughly USD 766M in losses, pursued a Singapore court moratorium and a scheme of arrangement, and floated a crypto-backed stablecoin to repay creditors. As of this enrichment pass the company is listed as permanently closed and its primary domain babel.finance no longer resolves (no NS delegation), so there is no live developer portal, documentation, or API surface to catalog. This profile is retained as a historical record of a defunct crypto-lending provider.
Babel Finance is profiled on the APIs.io network. Tagged areas include Company, Crypto Web3, Cryptocurrency, Lending, and Financial Services.
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