Babel Finance has completed a two year $50 million BTC/ETH cross-currency swap
SINGAPORE - Media OutReach - 11 April 2022 - Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum.
Why is this transaction important to the global crypto market?
This two-year transaction demonstrates that crypto can be a long term play and that the crypto ecosystem is becoming mature.
Read more: Babel Finance has completed a two year $50 million BTC/ETH cross-currency swap