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Babel Finance
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Babel Finance is a cryptocurrency institutional financial services provider based in Hong Kong founded in 2018. Babel Finance provides cryptocurrency trading, options, futures, asset management, asset lending, tools and other financial services for institutional and accredited investors.

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Digital Services
Investment Management
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Babel Finance - Recent News & Articles

Trump’s Treasury is running out of money fast. Why the ‘x date’ matters for markets.

The Trump administration has exhausted its legal authority to issue new incremental debt to pay the U.S. government’s obligations — for everything from Social Security checks to military operations. I...

Source: MarketWatch

Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation. Dorsey told staff that 391 roles would be cut for "strateg...

Source: Finextra

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...

Source: CNBC

EToro goes public on IPO filing

eToro Group Ltd (“eToro”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial publ...

Source: Finextra

Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?

As lockdowns gripped Europe in late 2020, KKR was battling to plant its flag in one of the pandemic’s winning industries. The private equity pioneer lost out that year in its bid for German road bike ...

Source: Financial Times

US recession would be a big catalyst for Bitcoin: BlackRock

Bitcoin would be a big winner from a potential US recession as it’s built to thrive in a high fiscal spending, low interest rate environment, says a BlackRock executive. BlackRock’s head of digital as...

Source: Cointelegraph

As Debt Ceiling Looms, the Fed Tweaks Its Portfolio Runoff

Process of shedding assets and draining bank reserves could collide with dynamics related to raising the federal debt limit. Federal Reserve officials made an adjustment on Wednesday to their policy o...

Source: Wall Street Journal

China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan

The People’s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. ...

Source: CNBC

Fiserv CEO transition took only 10 days, CFO says

Fiserv’s leadership transition was over in less than two weeks last month, with the payment processor now run by two top executives after Chairman and CEO Frank Bisignano deemed his successor ready to...

Source: Payments Dive

Fintech Klarna files for IPO at a weak point for public debuts

Klarna Group Plc has filed for a U.S. initial public offering at a weak moment for company debuts, though the fintech player thinks it can offer investors more than just its buy-now-pay-later products...

Source: MarketWatch