The company now boasts more than $650M in assets on the platform, with a 0% loss rate across its entire loan portfolio since the company began lending in January 2018.
Founders
Zac Prince
Company Description
BlockFi is the only crypto company to offer a suite of financial products that seamlessly interact with one another. These products include crypto-based interest accounts providing up to an 8.6% annual percentage yield on Bitcoin, Ether and stablecoins; crypto-backed loans which allow investors to access liquidity up to 50% of an asset's value in USD; and zero-fee trading.
Market
Financial Services
Location
Jersey City,
NJ,
USA
Coinvestors
Akuna Capital, Arrington XRP Capital, Avon Ventures, Castle Island Partners, CMT Digital, HashKey Capital, Kenetic Capital, Morgan Creek Capital Management, PJC, Purple Arch Ventures, Valar Ventures, Winklevoss Capital