HK-based crypto lender Babel Finance raises $40m from Sequoia China, others

HK-based crypto lender Babel Finance raises $40m from Sequoia China, others

Bitcoin, cryptocurrency & electronic finance

Hong Kong-based crypto lender and asset manager Babel Finance said on Monday that it has secured funding from investors including Zoo Capital, Sequoia Capital China, and Dragonfly Capital.

The $40 million fundraising, which also includes BAI Capital and Tiger Global Management, shows growing investor interest in Asia’s cryptocurrency players, Babel Finance said.

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