HONG KONG -- Hong Kong-based crypto financial services startup Babel Finance said Wednesday it has raised $80 million in its latest funding round, valuing the company at about $2 billion, despite a meltdown in digital currency markets.
Cryptocurrencies plunged into free fall as the price of Luna, one of the biggest, collapsed in a rout this month that triggered a $280 billion sell-off across dozens of digital units, including bitcoin and Ethereum.
