Babel Finance, one of Asia’s largest crypto lenders, is discussing the possibility of collaborating with American firm Houlihan Lokey. CoinDesk, citing sources, the latter specializes in financial restructuring.

“These [Babel] “The next big company that will have some consequences in the next few weeks, such as either reconciliation and getting support from creditors, or declaring bankruptcy or default,” the source said.

Another interlocutor said that Babel Finance is considering restructuring. According to him, he is in the process of signing a letter of commitment from Houlihan Lokey.

Representatives of the parties have not yet commented on the information.

Babel Finance previously closed an $80 million Series B funding round at a $2 billion valuation.

Recall that in June the company announced that it was suspending payments and withdrawals from its own products due to lack of liquidity.

Later, Babel Finance representatives denied the bankruptcy reports and announced that “preliminary agreements” had been made for the payment of part of the debts.

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