$40m series A fundraising completed by Babel Finance in China

One of the largest crypto institutions in China, Babel Finance, has revealed the completion of $40m series A fundraising.

Also, making it an important part of the Chinese investment ecosystem, the company offers lending, trading, and other financial services to institutions and high net worth individuals

Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Tiger Global Management, contributed to the fundraising.

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