BlockFi offers financial products designed to help cryptocurrency holders do more with their digital assets. Founded in 2017 by Zac Prince and Flori Marquez, the company was created with the goal of providing credit services to markets with limited access to simple products like a savings account. Taking advantage of the universal nature of blockchain technology, BlockFi’s services are available to customers globally, including the U.S., Canada and the U.K., with interest earning accounts and low-cost USD loans backed by crypto.
BlockFi sets itself apart from other cryptoasset service providers by pairing market-leading rates with institutional-quality benefits. The company is the only independent lender with institutional backing from investors that include Galaxy Digital, Fidelity, Akuna Capital, SoFi and Coinbase Ventures. Additionally, client assets are custodied at Gemini Trust Company, LLC, a New York trust company regulated by the New York State Department of Financial Services.
The BlockFi team consists of professionals with a deep bench of expertise across financial services and technology with offices in New York, New Jersey, Poland, and Argentina.