OverviewSuggest Edit

BlockFi is a secured non-bank lender that offers USD loans to cryptoasset owners. The company also develops an online platform for offering loans and calculation of interest percentage. BlockFi is on a mission to provide liquidity, transparency, and efficiency to digital financial markets by creating products that meet the needs of consumers and corporations.

TypePrivate
Founded2017
HQJersey City, NJ, US
Websiteblockfi.com

Latest Updates

Employees (est.) (Sept 2021)793(+7%)
Cybersecurity ratingAMore

Key People/Management at BlockFi

Zac Prince

Zac Prince

CEO & Founder
Flori Marquez

Flori Marquez

Co-Founder & SVP of Operations
Mahesh Paolini-Subramanya

Mahesh Paolini-Subramanya

Chief Technology Officer
Rene van Kesteren

Rene van Kesteren

Chief Risk Officer
Amit Cheela

Amit Cheela

SVP of Finance
David Spack

David Spack

Chief Compliance Officer
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BlockFi Office Locations

BlockFi has offices in Jersey City and New York
Jersey City, NJ, US (HQ)
201 Montgomery St Suite - 261
New York, NY, US
86 Chambers St floor, suite 205
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BlockFi Financials and Metrics

Summary Metrics

Founding Date

2017

BlockFi total Funding

$508.7 m

BlockFi latest funding size

$350 m

Time since last funding

7 months ago

BlockFi investors

BlockFi's latest funding round in March 2021 was reported to be $350 m. In total, BlockFi has raised $508.7 m. BlockFi's latest valuation is reported to be $3 b.
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BlockFi Revenue

Market valuation

3.0b
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BlockFi Operating Metrics

BlockFi's Assets Under Management was reported to be $15b in Mar, 2021.
Aug, 2019Mar, 2021

Assets Under Management

$250 m$15 b

Clients

225 k

Total Loans Lent

$10 b
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BlockFi Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

BlockFi Online and Social Media Presence

Embed Graph

BlockFi News and Updates

BlockFi Survey Reveals Extent of Gender Gap in Cryptocurrency Investing

While 94% of Women Have Heard of Cryptocurrency, Only 9% Feel They Understand it

Basketball Star Cade Cunningham Partners With BlockFi

Exclusive partnership to focus on cryptocurrency education, financial literacy, and democratized access to investing and saving.

BlockFi Teams With TaxBit on New Tax Center for US Clients

JERSEY CITY, N.J., Aug. 19, 2021 /PRNewswire/ -- BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced a partnership with TaxBit, the leading tax and accounting software...

Giles Colwell Joins BlockFi as Head of North America and LATAM Institutional Distribution

BlockFi has also made several senior hires to focus on continued global growth of the company

BlockFi Update: New Jersey Regulators Postpone

As Bitcoin bounces above $40,000, regulators are circling the blockchain in what looks like a coordinated attempted to rein crypto in. BlockFi is just one example of a high profile fintech on the receiving end of the regulators’ focus.

3 states have cracked down on crypto lender BlockFi as the company's interest accounts draw scrutiny

Summary List PlacementThree US states have said the cryptocurrency platform BlockFi may have violated securities law by offering its interest-bearing accounts within their jurisdictions.  All three states — New Jersey, Alabama, and Texas — said the cryptocurrency platform did not register its Bloc…
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BlockFi Blogs

Our BTC and ETH Rates Are Changing and Here’s Why

Tier 1 rates remain unchanged at 6% APY for BTC and 5.25% APY for ETH; introducing changes to BTC Tier 2 rate and adding new tier for both BTC and ETH. Investment markets are never static—they shift and grow and contract based on economic factors ranging from the obvious to the obscure. The cryptocu…

BlockFi Adds Support for Chainlink (LINK) and Binance USD (BUSD)

As part of our commitment to providing a robust end-to-end experience for crypto investors, we’re thrilled to announce that BlockFi now supports Chainlink (LINK) and Binance USD (BUSD) in eligible markets.  In addition to the ability to earn compound interest in crypto on each of these currencies in…

Four New Bonuses for the BlockFi Bitcoin Rewards Credit Card

The upcoming release of the BlockFi Bitcoin Rewards Credit Card is poised to revolutionize the cryptocurrency industry, letting cardholders earn bitcoin on every purchase they make. But here at BlockFi, we’re not the type to rest on our laurels. That’s why we’re rolling out four additional card bene…

BlockFi Names Lei Lei as Director of Institutional Sales for Real Money Clients

We’re excited to announce that Lei Lei has joined BlockFi as Director of Real Money Clients, Institutional Sales to cover endowments, pension funds, asset managers, insurance companies, corporate entities, and sovereign wealth funds. Mrs. Lei will be responsible for further expanding BlockFi’s Insti…

How BlockFi Handles Risk and Security

At BlockFi, the responsibility to protect our clients, our staff, and our systems is built into our DNA. People trust BlockFi because managing risk and security isn’t just an afterthought–it’s our default operating model and the keystone of our culture. Let’s take a look at the many steps we’ve take…

The BlockFi Bitcoin Trust Offers a New Way to Invest in Bitcoin

We’re excited to announce the launch of the all-new BlockFi Bitcoin Trust, an investment vehicle that makes it easier for institutions and individual investors to access bitcoin. The trust is designed to provide an alternative and more cost-effective entry point into the crypto market. Why did we ch…
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BlockFi Frequently Asked Questions

  • When was BlockFi founded?

    BlockFi was founded in 2017.

  • Who are BlockFi key executives?

    BlockFi's key executives are Zac Prince, Flori Marquez and Mahesh Paolini-Subramanya.

  • How many employees does BlockFi have?

    BlockFi has 793 employees.

  • Who are BlockFi competitors?

    Competitors of BlockFi include Lendi, Lendio and OnDeck.

  • Where is BlockFi headquarters?

    BlockFi headquarters is located at 201 Montgomery St Suite - 261, Jersey City.

  • Where are BlockFi offices?

    BlockFi has offices in Jersey City and New York.

  • How many offices does BlockFi have?

    BlockFi has 2 offices.