BlockFi Licenses

BlockFi suspended operations and paused its platform on November 10, 2022. As of that date, all retail loans have been placed into administrative forbearance and any amounts due including interest and maturity payments have been placed on hold. No collections activity is being pursued with respect to these loans, and late fees and interest are not being assessed with respect to the loans while in this status. BlockFi has requested permission from the bankruptcy court to return all loan payments received after the platform pause on November 10, 2022.

BlockFi and its affiliated entities hold the following licenses.

U.S. Licenses

StateLicense TypeAgencyLicense #Authorized Names
ALMoney Transmitter LicenseAlabama Securities CommissionBlockFi Trading LLC
ARMoney Transmitter LicenseArkansas Securities Department127143 (suspended)BlockFi Trading LLC
CAFinance Lender and Broker LicenseCalifornia Department of Business Oversight60DBO 81955 (suspended)BlockFi Lending LLC
COSupervised Lender’s LicenseColorado Department of Law4000047BlockFi Lending LLC
CTMoney Transmitter LicenseState of Connecticut Department of BankingMT-1873137 (suspended)BlockFi Trading LLC
KSSupervised Loan LicenseKansas Office of the State Bank CommissionerSL.0026692BlockFi Lending LLC
MDMoney Transmitter LicenseMaryland Commissioner of Financial Regulation12-1873137BlockFi Trading LLC
MNRegulated Loan LicenseMinnesota Department of CommerceMN-RL-1737520BlockFi Lending LLC
MOSmall Loan LicenseMissouri Division of Finance367-20-8666BlockFi Lending LLC
NCMoney Transmitter LicenseNorth Carolina Commissioner of Banks187117BlockFi Trading LLC
NJMoney Transmitter LicenseNew Jersey Department of Banking and Insurance1904236 C22BlockFi Trading LLC
OHMoney Transmitter LicenseOhio Department of Commerce Division of Financial InstitutionsBlockFi Trading LLC
OKLicense of AuthorityOklahoma Office of the Administrator of Consumer Credit87760BlockFi Lending LLC
TNIndustrial Loan and Thrift Certificate of RegistrationTennessee Department of Financial Institutions4071BlockFi Lending LLC
TNMoney Transmitter LicenseTennessee Department of Financial Institutions1873137BlockFi Trading LLC
WAMoney Transmitter LicenseState of Washington Department of Financial Institutions550-MT-121212BlockFi Trading LLC

Non-U.S. Licenses

JurisdictionLicense TypeAgencyAuthorized Names
BermudaClass F Digital Business Assets LicenseBermuda Monetary AuthorityBlockFi International Ltd.

BlockFi International Ltd. holds a Class F digital assets business license under the Digital Assets Business Act, 2018 (as amended) and is licensed by the Bermuda Monetary Authority to conduct the following digital assets business activities: (i) issuing, selling or redeeming virtual coins, tokens or any other form of digital assets (ii) operating as a digital asset exchange (iii) providing custodial wallet services (iv) operating as a digital asset derivative exchange provider and (v) operating as a digital assets services vendor.

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