BlockFi

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The most trusted financial services provider in crypto.

Jersey City, United States · Founded 2017 · $18.3M raised

Employees
201–500
Founded
2017
Business Model
B2C
Total Funding
$18.3M
Last Round
$18.3M Series DMar 2021
Rounds
2

About

BlockFi was a digital asset lending and financial services platform that provided wealth management products for cryptocurrency investors. Founded in 2017 by Zac Prince and Flori Marquez, the company offered USD loans backed by crypto collateral, interest-earning accounts, and trading services. BlockFi served clients worldwide across all U.S. states, enabling crypto holders to borrow against their holdings without selling, earn interest on idle assets, and trade digital currencies. The company filed for Chapter 11 bankruptcy in November 2022 and began winding down operations after emerging from bankruptcy in October 2023.

Summary

BlockFi is a Crypto & Web3 company based in Jersey City, United States, founded in 2017. It has raised $18.3M in total across 2 rounds, most recently a $18.3M Series D round in Mar 2021. Investors include Valar Ventures, Winklevoss Capital and Galaxy Digital.

Tech & App Stack

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Funding History

Series DMar 2021

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Investors

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