(MENAFN- media OutReach Limited)
SINGAPORE - Media
OutReach - 27 January 2022 - Babel Finance , a leading global Cryptocurrency financial
services provider, announced in December 2021 its partnership with Paradigm. Babel
Finance crypto trading will offer increased trading precision, eliminate leg
risk, and lower execution costs associated with trading derivatives. This
partnership, combined with the expertise of the Babel Finance
Singapore team, will contribute significantly to the growth of its US$8
billion monthly trading volume.
By
partnering with Paradigm, a zero fee institutional liquidity network for
derivatives traders, Babel Finance crypto financial services now has
unified access to multi-asset, multi-protocol liquidity on demand without
compromising on execution preferences, costs, and immediacy.
With
Paradigm, Babel Finance crypto trading can now bridge the worlds of
traditional and crypto finance. Leveraging Paradigm's platform, Babel Finance
can not only connect directly with institutional counterparties, but also
access workflow automation tools necessary to facilitate multi-leg and
multi-product strategies (with underlying hedges) through a single executable
structure.
This
is an important step for Babel Finance to have a full suite of reliable
services to meet the growing demand from mainstream investors who are keen on adding
crypto assets into their portfolios. The digital asset capabilities of Babel
Finance asset management will further evolve as the company offers more leading-edge
products with capable compliance controls. This will ultimately cement Babel
Finance as a key service provider of crypto asset management and prime
brokerage services, as well as crypto lending.
The issuer is solely responsible for the content of this announcement.
About Babel Finance
Babel Finance is a global leading crypto financial services provider, offering institutional and HNWI investors professional services covering crypto lending and crypto trading.
The company is backed by prominent investors including Sequoia Capital China, Tiger Global Management, BAI Capital, Zoo Capital, Dragonfly Capital, and NGC Ventures.
With a business focus in Asia and a business headquarters in Singapore, Babel Finance has established close cooperative relationships with major global exchanges, custodians, investment funds, and mining institutions.
#BabelFinance
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