Stronger Than Ever
2021 was not the year anyone predicted. Across the globe, we experienced challenges and joys unlike any other. As we start off 2022, we take away one key lesson: global crypto adoption is a winding road. The road may have ups and downs but the crypto market is on a continuous path of growth. At BlockFi, we keep rising.
The price of bitcoin started under $30K, reached an all time high of $69K, and ended the year at $47K. Every day, more and more people are committing to learn more about crypto assets and starting to participate in our space. Our vision has always been to bridge the worlds of traditional finance and blockchain technology to bring financial empowerment to clients on a global scale.
We have worked relentlessly over the past 4+ years to help create this reality and the numbers show. In 2021, our client base grew from 100,000 to over 600,000. But that’s not all:
We launched the first-ever crypto rewards credit card
and it’s been one of the fastest growing FinTech cards we’ve seen. We paid out over $15 million in rewards to over 75,000 clients.
We improved our trading experience adding 5 new assets and instant ACH trading
We continued to innovate for our institutional clients, launching BlockFi Prime
with global asset manager Neuberger Berman.
None of this would be possible without the ever-growing trust and support from you. We have and will continue to build industry-leading client success teams so that we can support you and hear your feedback. We are committed to listen and to adapt to provide you the tools you need to manage your crypto investments.
As we look towards 2022, we will continue to work tirelessly towards regulatory clarity. We plan to add additional assets for trading to the platform and to find innovative ways to give our clients simple access to the returns available in this growing space. We will also focus on expanding our international support as we work to bring more clients into the crypto ecosystem. Lastly, we plan to continue to invest in our platform, to make it easier to use and more reliable. And as always, we will put you first.
We’re heading into this year stronger than ever, and we can’t wait to see what we will accomplish together.
Zac Prince & Flori Marquez