
Hong Kong crypto player Babel hits $2b valuation

Hong Kong-based Babel Finance, which claims to be the world’s leading wholesale crypto financial services provider, has raised USD 80m in Series B funding at a valuation of USD 2bn.
Investors included Jeneration Capital, 10T Holdings, Dragonfly Capital, Bertelsmann Asia Investments spinout BAI Capital, Circle Ventures, and various family offices in Asia. 10T is a growth equity investor...
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