Liquidity Problems

Crypto lending platform Babel Finance has managed to strike deals that have helped alleviate its short-term liquidity problems. The company unveiled this news through a notice earlier today. Babel Finance said it achieved this feat by communicating with its counterparties and relevant customers. According to the notice, the company reached preliminary agreements on the repayment periods of some debts with the above parties. Babel Finance added that it is holding talks with shareholders and potential investors to get liquidity support.…