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262 BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream

AlleyWatch
AlleyWatch @ AlleyWatch · 08/21/2020 14:27 EDT

BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream

As a crypto investor, Zac Prince recognized how underdeveloped the ecosystem for financial products around crypto was. He cofounded BlockFi to advance the digital asset economy by enabling crypto to be used to help people achieve their financial goals within the existing finance ecosystem. Today, BlockFi offers interest-bearing crypto accounts, lending using crypto as collateral, and plans to roll out a credit card with crypto rewards. Zac shares some more insight about the company's impressive traction ($

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