Blog

The launch of the BlockFi Interest Account (BIA) was a huge success. We received overwhelming support from the community and new clients joining the platform. Our team strives to provide the best consumer-friendly financial products in the crypto ecosystem and we’re seeing that take shape through the significant volume we’ve seen in just the firstRead more

Capitalism and increasingly global markets have worked to lift the quality of life of humans around the world dramatically. Financial markets work by learning and adapting through product development by ecosystem participants and progressive regulation. At a time when we face global challenges, the world needs a more globalized financial system that is accessible toRead more

Today we’re excited to announce the launch of the BlockFi Interest Account (BIA). Available to the public starting today, users can securely store their Bitcoin or Ether at BlockFi and receive 6% annual interest, paid monthly in cryptocurrency. Interest earned in a BIA compounds monthly, delivering an industry-leading APY of 6.2%. The program has beenRead more

BlockFi is excited to announce that we have raised an extension of our latest $4M raise from Coinbase Ventures and Able Partners. Coinbase Ventures is one of the leading investment bodies in the cryptocurrency industry. They provide financing for promising companies that have the teams and ideas that can move the space forward in a positive, meaningfulRead more

Today BlockFi is excited to announce that we have raised an additional $4 million in convertible debt investments lead by Akuna Capital with participation from Susquehanna Government Products, LLLP, CMT Digital, Recruit Strategic Partners, Galaxy Digital Ventures, Morgan Creek Digital, and Devonshire Investors, the private equity group affiliated with FMR LLC, the parent company of Fidelity Investments.Read more

With tax season upon us, it’s important for cryptocurrency investors to start thinking about how their trading and HODLing might affect their taxes this year. Individuals and businesses turn to BlockFi to help limit their tax liabilities and avoid having to liquidate their crypto holdings in order to pay off hefty tax bills. As anRead more

BlockFi’s founding goal is to provide incremental liquidity across the crypto ecosystem around the world, and this expansion is a major step towards that end. Today we’re excited to launch support for lending to international customers. As part of the geographic expansion, BlockFi has expanded its customer service team and now supports customers in SpanishRead more

Since the company’s founding, BlockFi has been striving to provide incremental liquidity across the crypto ecosystem. In the last 10 months we have grown our U.S. coverage to over 45 states, giving crypto investors the opportunity to use their digital assets to fulfill their financial goals without having to sell. Today we are excited toRead more

Successful tech companies all have three key ingredients: a following of die-hard users, sleek customer experience, and high-performing technology. For tech startups, in which order are those things prioritized? There’s an old saying — if you build it, they will come. If that trope holds true in today’s business world, why does the crypto spaceRead more

There’s a lot of talk revolving around Bitcoin’s transition from digital money to the store-of-value. The crypto market is dominated by speculators and money-making interests, which, up to now, has been the primary driver for many in our industry. But for those of us trying to build the future of finance, the focus has toRead more