Babel Finance

Babel Finance is a leading global cryptocurrency financial institution dedicated to serving individuals and institutional investors.

Babel specializes in serving high-net-worth individual and institutional investors worldwide with professional crypto-asset financial services, including cryptocurrency deposit and loan, asset management, brokerage, derivatives strategies, etc.

Babel Finance was founded in 2018 by Del Wang and Flex Yang. The company is headquartered in Hong Kong, Hong Kong and Singapore.


Babel Finance is one of the world's largest crypto financial service providers, offering crypto lending, asset management and prime financing to institutions and qualified investors worldwide.


Babel is now serving a group of 500-plus organizations and high net-worth individuals with services including crypto lending and borrowing as well as portfolio management. It claimed to have an outstanding loan balance of over $3M and an average monthly trading volume of $800M in derivatives at the end of 2021.


Babel had structured and traded more than $20 billion in options products. Babel also has invested in more than 10 companies that focus on crypto finance, brokerage and trading, and decentralized finance (DeFi),


Babel is backed by Tiger Global,  Sequoia Capital China, Dragonfly Capital, Jeneration Capital, 10T Holdings, BAI Capital, Bertelsmann, Circle Ventures, Zoo Capital, and others. The company raised $80M in Series B round on May 25, 2022. This brings Babel's total funding to $122M to date. The latest round valued the company at a $2B post-money.



  • Year founded: 2018
  • Funding Info: $122M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $2B as of May 25, 2022
  • City/Town: Hong Kong
  • State: Hong Kong
  • Country: Hong Kong
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