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.
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 |