Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
Babel Finance Announces New Partnership With Chainalysis Leading to Innovations in Crypto Lending and Financing

HONG KONG SAR - Media OutReach - 21 January 2022 - Babel Finance's financial services announced in December 2021 its partnership with Chainalysis. This will offer our institutional investors and high-net-worth individuals worldwide top in class risk controls and management to its crypto financial services, including crypto lending and crypto financing.

 

Chainalysis is a leading blockchain data platform. Babel Finance will leverage Chainalysis' KYT (Know Your Transaction) and Reactor services to upgrade its regulatory compliance strategies. With Chainalysis KYT, Babel Finance will have a real-time transaction monitoring solution providing alerts to their compliance team. Apart from reducing manual workflows, it will allow heightened compliance with local and global regulations. Chainalysis Reactor can connect cryptocurrency transactions to real-world entities, allowing compliance teams to examine both criminal and legitimate activities.

 

Babel Finance's crypto lending innovation regarding compliance will provide the capacity to safeguard clients' interests and investments and comply with Anti-Money Laundering regulations. Babel Finance's financing will have improved security and reliability controls when handling institutions' large and flexible funding requests. Mitigating market risk is a top priority for Babel Finance. Our bank-level asset risk assessment models have formulated a more than competent risk control system to reduce market risk. Our products support multiple cryptocurrencies and use third-party custody, offline storage, multiple authorizations, and other technical measures to ensure the security of assets.

 

Babel Finance's Hong Kong office, as well as others in Asia, are ready to serve its clients' needs. Its expert team comes from first-tier financial institutions such as PwC, China Merchants Bank, Deutsche Bank, Credit Suisse, Lazard, Industrial and Commercial Bank of China, and mainstream technology companies. This expertise and heritage give us the cutting edge in cryptocurrency financing services.

 

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. 


https://twitter.com/BabelFinance

https://www.linkedin.com/company/babelfinance/


#BabelFinance

The issuer is solely responsible for the content of this announcement.

Babel Finance

Posted by : Media Outreach, Jenny
Viewed 0 times
PR Category : Others
Posted on : Friday, January 21, 2022  11:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Media OutReach

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Bernhard H. Mayer unveils new Empire Collection of Luxury Timepieces [8585-Views]
Zamzam.com signs MoU with AlBirr Society in KSA [6084-Views]
Zamzam.com: First OTA Platform to Launch B2C Visa Services to Customers [5859-Views]
His Highness Sheikh Hasher Bin Maktoum Al Maktoum, Director General of Dubai Department of... [3993-Views]
TCL Brings New Mini LED QLED TVs And Home Appliances to the Middle East and Africa [3965-Views]
Role of new Business Models in Powering Growth of Bookstores highlighted at International ... [3583-Views]
BCC Group International Announces Diversification into Property Development [3415-Views]
Dubai Customs Handles 285,000 Refund Requests, in Q1 2022, with a Value of AED2b [3305-Views]
Beyond Books at SCRF 2022: ‘Back to Games' Adapts Popular International Board Games for t... [3153-Views]
‘Walking Trees' Wandering the Halls of SCRF 2022 Raise Awareness about the importance of N... [3059-Views]
New Land Rover Defender 130: the Unstoppable 8-Seat Explorer [2977-Views]
Samsung's Global President & Head of Mobile eXperience Business visits MENA region and hol... [2936-Views]
Samsung's Smart Monitor Becomes a Million Seller [2849-Views]
Commentary for His Excellency Eng. Shadi Malak, CEO of Etihad Rail for Middle East Rail 20... [2792-Views]
Lenovo Combines Stealth with Apex Performance in the Latest Legion 7 Series Gaming Laptops [2772-Views]
HONOR Launches Powerful HONOR X9 with Flagship-Level Features and Great Value [2743-Views]
Gulf Pharmaceutical Industries Julphar Announces Q1 2022 Results; Delivers Robust Top and ... [2677-Views]
Minions' Director Inspires Ambitious Animators at 13th Sharjah Children's Reading Festiva... [2554-Views]
Airport Show Opens in Dubai Amidst Clear Indications of Accelerated Growth in Aviation Ind... [2522-Views]
Panasonic Announces FY22 Business Strategy for Middle East and Africa [2407-Views]
Photos From the 11th Day of the 13th Edition of the Sharjah Children's Reading Festival 20... [2337-Views]
Wear the Jewellery of Your Dreams and Show You Care with Evermore [2337-Views]
Fashinza Raises $100m Series B to Create Sustainable Supply Chain for Global Fashion Indus... [2321-Views]
13th Sharjah Children's Reading Festival: A Cultural Melting Pot for People of All Ages a... [2276-Views]
Children Use Newly Acquired Skills of Videography to Create Visual Narrative of Experience... [2239-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories