\n<\/p>\n
HONG KONG \u00a0<\/p>\n Chainalysis is a leading blockchain \u00a0<\/p>\n Babel Finance’s \u00a0<\/p>\n Babel
\nSAR –\u00a0Media OutReach<\/a>\u00a0– 21 January 2022 –\u00a0Babel Finance<\/a>‘s
\nfinancial services announced
\nin December 2021 its partnership with Chainalysis. This will offer our institutional
\ninvestors and high-net-worth individuals worldwide top in class risk controls and
\nmanagement to its crypto financial
\nservices, including crypto lending and crypto financing. <\/p>\n
\ndata platform. Babel Finance will leverage Chainalysis’ KYT (Know Your Transaction) and Reactor services
\nto upgrade its regulatory compliance strategies. With Chainalysis KYT, Babel
\nFinance will have a real-time transaction monitoring solution providing alerts
\nto their compliance team. Apart from reducing manual workflows, it will allow
\nheightened compliance with local and global regulations. Chainalysis Reactor
\ncan connect cryptocurrency transactions to real-world entities, allowing
\ncompliance teams to examine both criminal and legitimate activities.<\/p>\n
\ncrypto lending innovation
\nregarding compliance will provide the capacity to safeguard clients’ interests
\nand investments and comply with Anti-Money Laundering regulations. Babel Finance’s financing will have improved security and reliability controls
\nwhen handling institutions’ large and flexible funding requests. Mitigating market risk is a top priority for Babel
\nFinance. Our bank-level asset risk assessment models have formulated a more
\nthan competent risk control system to reduce market risk. Our products support
\nmultiple cryptocurrencies and use third-party custody, offline storage,
\nmultiple authorizations, and other technical measures to ensure the security of
\nassets.<\/p>\n
\nFinance’s Hong Kong office, as well as others in Asia, are ready to serve its
\nclients’ needs. Its expert team comes from first-tier financial institutions
\nsuch as PwC, China Merchants Bank, Deutsche Bank, Credit Suisse, Lazard,
\nIndustrial and Commercial Bank of China, and mainstream technology companies.
\nThis expertise and heritage give us the cutting edge in cryptocurrency financing services. <\/p>\n