Founded in 2017 by Zac Prince and Flori Marquez, BlockFi was created with the goal of providing credit services to markets with limited access to financial products. Bridging the gap between the worlds of traditional finance and blockchain technology, BlockFi Institutional Services provides lending and borrowing of cryptocurrencies, stablecoins, and US dollars, powered by our retail cryptocurrency balance. We can customize our lending products for each client’s specific business strategy, and are constantly evolving our services to address any future needs that might arise. BlockFi is backed by leading institutional investors and operates with a focus on compliance with U.S. laws and regulations.
The company raised $500 million of Series E venture funding in a deal led by Hedosophia and Third Point on July 1, 2021, putting the company's pre-money valuation at $4.25 billion.
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