Secured Lending for Cryptoassets
BlockFi a fast-growing startup at the intersection of the blockchain / cryptocurrency and lending industries. We aim to define the market for US-dollar denominated banking products backed by digital assets, and bring more of what’s worked in traditional finance into the crypto economy.
Based in New York, BlockFi is a secured non-bank lender that offers USD loans to cryptoasset owners who collateralize the loan with their cryptoassets. Our products bring additional liquidity to the blockchain asset sector and meet needs of both individuals and institutions holding blockchain assets. BlockFi holds clients' Bitcoin and Ether with a registered custodian and issuing loans in USD to their bank accounts. Currently operating in a beta launch, lending in 35 US states to retail investors and companies.
BlockFi’s mission is to provide liquidity, transparency and efficiency to digital financial markets by creating products that meet the needs of consumers and corporations across the globe. We build bridges between traditional finance and digital markets that enable growth for all participants.
Leveraging a sophisticated infrastructure that integrates with multiple blockchains, we plan to expand our product set based on our retail and institutional client's needs.