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BlockFi Monthly Update – October 30th, 2019

Published 30 October, 2019

    We want to thank you all for your continued support of BlockFi.

    Over the last three months alone, we’ve paid out over $2MM worth of crypto in interest and bonuses. In order to bring more value to the BlockFi community, we focused this month’s efforts on launching BlockFi Institutional Services, releasing a new product feature, and continuing to secure partnerships.

    Introducing Institutional Services 

    institutional services

    This month we formally introduced BlockFi Institutional Services, designed to give market-makers, funds, exchanges, and family offices access to enterprise-grade financing solutions for digital assets. Read the announcement here.

    Automated Loan Origination

    Recently, we launched Automated Loan Origination (ALO). ALO enables us to provide a faster, better loan process. Clients can now apply and receive loan approval instantaneously. Moreover, the process is simple, and easy to follow. Check out how fast and easy the application process is in the video below.

    ALO

    BlockFi Featured on On The Brink Podcast

    BlockFi CEO and Founder Zac Prince was featured on crypto podcast On the Brink by Castle Island. Zac provides insight into our current products and what the future holds for BlockFi. Listen to the episode here.

    Partnership Highlights

    Blockfi coinmine partnership

    Partnerships are a key way that we are able to provide added value to our clients. In October, we partnered with Coinmine, a consumer crypto mining company that provides easy-to-use retail mining units.

    • BlockFi clients are eligible to receive 10% off of the reduced-retail value ($699) of a Coinmine One. To receive this perk, send an email to support@blockfi.com.

    If you ever have any questions, our support team is always happy to help. Call us at +1 (646) 779-9688 or email us at support@blockfi.com.

    – The BlockFi Team

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    All BIA balances are stored in a custodial account with Gemini.
    Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. For more information, please see BlockFi’s Terms of Service.
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    Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are riot subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
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    Disclaimer: Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Security is our top priority. Please see our Vulnerability Disclosure Form and Bug Bounty Program.
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