Babel Finance (@BabelFinance) — Twitter Score 17 out of 1000

Babel Finance is an institutional cryptocurrency lender and asset manager that suspended withdrawals in June 2022 and has since been undergoing formal debt restructuring. Babel Finance's Twitter Score is 17 out of 1000 as of August 2026, ranking #55,717 among 483,944 tracked accounts.

Babel Finance was co-founded by Flex Yang (Yang Zhou) and Del Wang (Wang Li), focusing on crypto lending and trading for institutional clients and ultra-high-net-worth accredited investors. The firm raised a Series A round of US$40 million in May 2021, then followed with a Series B round of US$80 million at a US$2 billion valuation in May 2022. Backers across those rounds included Dragonfly Capital, Sequoia Capital China, Tiger Global Management, Bertelsmann, BAI Capital, Zoo Capital, Jeneration Capital, 10T Holdings, Circle Ventures, and others.

Babel Finance reported strong operational metrics at the close of 2021, including an outstanding loan balance exceeding US$3 billion and average monthly derivatives trading volume of US$800 million. That trajectory reversed sharply in mid-2022: on June 17, 2022, the firm halted redemptions and withdrawals, citing a liquidity crunch. A restructuring plan reviewed by Bloomberg in July 2022 revealed that proprietary-trading accounts had lost approximately 8,000 Bitcoin and 56,000 Ether during the June 2022 market decline, and that trading operations had drawn on capital from the firm's wealth-management business.

Babel Finance engaged Houlihan Lokey, Kirkland & Ellis, Allen & Gledhill, and Carey Olsen as financial and legal advisers for its restructuring. On March 6, 2023, the firm filed for moratorium protection in Singapore's High Court under the Insolvency, Restructuring and Dissolution Act. A Singapore court extended creditor protection to July 21, 2023, with Bloomberg reporting that the company owed as much as US$800 million to creditors. A restructuring proposal contemplated repaying creditors through revenue generated by a new decentralized-finance project that would mint Babel Recovery Coins, though this remained a proposal rather than a confirmed launch. Founder Flex Yang returned to lead the restructuring effort after stepping away from day-to-day operations in 2021, and separately launched the HOPE DeFi ecosystem. Babel Finance remains affiliated with the HOPE ecosystem as part of its recovery strategy.

Babel Finance's portfolio includes Paradigm, Cadenza Ventures and Atato.

Who follows Babel Finance on X?

The accounts that follow Babel Finance include 42 founders, 16 angel investors, 15 influencers and 9 VCs. Notable followers include Kyle Samani, Hsaka, The Block, Jeremy Allaire - jerallaire.arc, Messari By Blockworks and Matthew Graham. Babel Finance has been mentioned by 72 accounts, with 131 total mentions across the platform. Babel Finance has published 488 posts and has 2,944 followers as of August 2026 on the platform.