Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

BlockFi
201 Montgomery Street Second Floor, Suite 263
Jersey City, NJ 07302
Phone: 646-779-9688

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. 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.

Key Contact
Name
Zac Prince
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
02/17/20 $30,000,000 Series B 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
undisclosed
03/11/21 $350,000,000 Series D Bain Capital Ventures
DST Global
Pomp Investments
Tiger Global
undisclosed