Log in

Home
aura-logo
Our Top Pick
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Babel Finance reveals plans to improve its liquidity situation
News

Babel Finance reveals plans to improve its liquidity situation

Updated: Jul 25, 2024
Published: Jun 20, 2022
0
Share:

According to The Block, Babel Finance, the crypto lender that unexpectedly froze withdrawals last week, has revealed multiple efforts to address its liquidity issue.

Post Feature Image

Improving the liquidity situation

Babel Finance stated that it conducted an emergency assessment of its business operations to understand its liquidity status and that it has also reached preliminary agreements with major counterparties and customers on the repayment period of some debts, alleviating the company's short-term liquidity pressure.

The announcement does not mean that withdrawals are available again; they are still suspended. However, the business has actively communicated with shareholders and investors and will continue to communicate and seek liquidity assistance.

What is Babel Finance?

Babel Finance, located in Hong Kong, was founded in 2018 to provide lending and trading services to institutional investors. As of last month, it claimed to have 500 clients and 170 staff. Jeneration Capital, Dan Tapiero's 10T Holdings, Dragonfly Capital, and Circle Ventures are among the platform's investors.

While there were rumors of Babel Finance's insolvency due to its exposure to failing crypto hedge fund Three Arrows Capital, the firm denied informing partners of its insolvency. It stated that it had no business with Three Arrows Capital.

Continue reading by joining Cryptonary Pro

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the success guarantee work?

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC, ETH and More: Majors Reclaim Critical Levels
PRO
Market Direction
BTC, ETH and More: Majors Reclaim C...The market is finally showing signs of life again, and if this momentum holds, the next few days cou...
8 min read
Nov 28, 2025
AMA with Tom & Abror : 27th November
PRO
Livestreams
AMA with Tom & Abror : 27th Novembe...In this AMA, The team discusses the current state of the cryptocurrency market, particularly focusin...
1 min read
Nov 28, 2025
The Hidden Kraken Airdrop Everyone’s Sleeping On👀
PRO
Airdrop Reports
The Hidden Kraken Airdrop Everyone’...Kraken is quietly setting up one of the biggest ecosystem plays heading into 2026, and almost nobody...
8 min read
Nov 27, 2025
Mid-Week Market Update: Relief Rally or Bull Trap?
PRO
Market Updates
Mid-Week Market Update: Relief Rall...The first signs of seller exhaustion are starting to appear. Price is rebounding while the flow pict...
6 min read
Dec 3, 2025
BTC, ETH and More: What Next For These Assets?
PRO
Market Direction
BTC, ETH and More: What Next For Th...After a sharp shakeout and an equally aggressive rebound, the entire market is now pressing into the...
11 min read
Dec 2, 2025
Market Update: Fed Prepares for Hawkish Cut
PRO
Market Updates
Market Update: Fed Prepares for Haw...We’re preparing for a major Fed meeting that could set the tone for the rest of the year. The market...
8 min read
Dec 1, 2025
BTC, ETH and More: Majors Reclaim Critical Levels
PRO
Market Direction
BTC, ETH and More: Majors Reclaim C...The market is finally showing signs of life again, and if this momentum holds, the next few days cou...
8 min read
Nov 28, 2025
AMA with Tom & Abror : 27th November
PRO
Livestreams
AMA with Tom & Abror : 27th Novembe...In this AMA, The team discusses the current state of the cryptocurrency market, particularly focusin...
1 min read
Nov 28, 2025
The Hidden Kraken Airdrop Everyone’s Sleeping On👀
PRO
Airdrop Reports
The Hidden Kraken Airdrop Everyone’...Kraken is quietly setting up one of the biggest ecosystem plays heading into 2026, and almost nobody...
8 min read
Nov 27, 2025
Mid-Week Market Update: Relief Rally or Bull Trap?
PRO
Market Updates
Mid-Week Market Update: Relief Rall...The first signs of seller exhaustion are starting to appear. Price is rebounding while the flow pict...
6 min read
Dec 3, 2025
BTC, ETH and More: What Next For These Assets?
PRO
Market Direction
BTC, ETH and More: What Next For Th...After a sharp shakeout and an equally aggressive rebound, the entire market is now pressing into the...
11 min read
Dec 2, 2025
Market Update: Fed Prepares for Hawkish Cut
PRO
Market Updates
Market Update: Fed Prepares for Haw...We’re preparing for a major Fed meeting that could set the tone for the rest of the year. The market...
8 min read
Dec 1, 2025
BTC, ETH and More: Majors Reclaim Critical Levels
PRO
Market Direction
BTC, ETH and More: Majors Reclaim C...The market is finally showing signs of life again, and if this momentum holds, the next few days cou...
8 min read
Nov 28, 2025
AMA with Tom & Abror : 27th November
PRO
Livestreams
AMA with Tom & Abror : 27th Novembe...In this AMA, The team discusses the current state of the cryptocurrency market, particularly focusin...
1 min read
Nov 28, 2025
The Hidden Kraken Airdrop Everyone’s Sleeping On👀
PRO
Airdrop Reports
The Hidden Kraken Airdrop Everyone’...Kraken is quietly setting up one of the biggest ecosystem plays heading into 2026, and almost nobody...
8 min read
Nov 27, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×

Don't Miss The Next 100X

We called major winners like

BTC

BTC

120X

ETH

ETH

270X

SOLANA

SOLANA

30X

Get our next high-conviction setup + weekly research free.

Join 300,000+ investors and traders who've been following us since 2017.

​
Netherlands

Free forever. Unsubscribe anytime. No credit card required.