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Six months after raising an $18.3M Series A, BlockFi continues charting rapid growth and expansion into 2020 BlockFi announced today that it has raised $30 million in Series B funding led by Valar Ventures. Other participating investors include Morgan Creek Digital, PJC, Akuna Capital, CMT Digital, Avon Ventures, Castle Island Ventures, Purple Arch Ventures, KeneticRead more

January has been a great start to 2020. We started the year by adding support for USDC and Litecoin, receiving Money Transmitter Licenses (MTLs) in Alabama and New Hampshire, and more. To provide further accessibility to our clients, we’ve decided to extend our one free withdrawal per month policy. Clients will now receive one freeRead more

BlockFi does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, nor should be relied on for, tax, legal or accounting advice. You should always consult your own tax, legal, and accounting advisors before engaging in any transaction. Figuring out how toRead more

Thank you for being a part of the BlockFi community. We launched the interest account in February of 2019 with a 6.2% APY on Bitcoin that stayed the same for an entire year. Aside from rates, one thing we are very proud of is that we have maintained an incredibly high level of client serviceRead more

Our CEO and Founder Zac Prince recently sat down with BlockFi’s Chief Risk Officer Rene van Kesteren to talk about how BlockFi approaches providing world class service in the most secure way possible. Key takeaways: Before joining BlockFi, Rene was a Managing Director at Bank of America for 13 years and managed a team ofRead more

With the addition of Litecoin to our BlockFi Interest Account (BIA), BlockFi is excited to announce a partnership with the Litecoin Foundation. Litecoin Foundation is a “non-profit organization registered in Singapore with members around the globe who share the mission of advancing Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.”Read more

Our CEO and Founder Zac Prince sat down with Cheddar to talk about our Bitcoin Rewards Credit Card that will be launching in 2020. In the conversation, he touches upon functionality, availability, and why he’s excited about the card’s launch. Key takeaways: First of its kind. There are debit cards in the space, but noRead more

BlockFi is thrilled to announce support for USD Coin (USDC) and Litecoin (LTC) across its product portfolio, allowing its global user base of individual and institutional investors to earn interest, trade and receive loans with a preeminent stablecoin and a highly popular digital asset. Both cryptocurrencies will now be supported in BlockFi’s BlockFi Interest AccountRead more

Dear BlockFi Clients, As 2019 comes to a close, we wanted to thank you for supporting our platform. We build for you, and your continued feedback pushes us to be the leading financial provider for crypto investors. This has been a breakout year for BlockFi. We launched two new products and rapidly scaled our team,Read more

December has been one of the biggest months to date for BlockFi. We finished the year out by launching BlockFi Trading, receiving our Money Transmitter License (MTL) in Kansas and Washington, recording our first episode of BlockFi Live, and presenting at the Latin American Bitcoin & Blockchain Conference in Uruguay. BlockFi clients will be receivingRead more