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Profiles

BlockFi

BlockFi is an American cryptocurrency company based in Jersey City, New Jersey.

History

BlockFi was founded in October 2017 by Zac Prince and Flori Marquez.[1]

In March 2020, BlockFi partnered with Silvergate Capital.[2]

Organization

Name Position Notes
Zac Prince Co-founder, Chief Executive Officer -
Flori Marquez Co-founder, Chief Operating Officer Bond Street

Investors

Individuals and companies that invested in BlockFi include:[3][4][5][6][7][8]

  • Able Partners
  • Akuna Capital
  • Alumni Ventures
  • Arrington XRP Capital
  • Avon Ventures
  • Bain Capital Venures (BCV)
  • Bracket Capital
  • Castle Island Ventures
  • CMT Digital
  • Coinbase Ventures
  • ConsenSys Ventures
  • Definitive Capital
  • Devonshire Investors
  • DST Global
  • Empede Capital
  • Ethos Financial Group
  • FTX US
  • Galaxy Digital
  • HashKey Capital
  • Investlink
  • Kenetic Capital
  • Matthew Dellavedova
  • Michael Antonov
  • Morgan Creek Digital (MCD)
  • Paradigm
  • ParaFi Capital
  • PJC
  • Pomp Investments
  • Purple Arch Ventures
  • Recruit Strategic Partners
  • Rose Park Advisors
  • SCB 10X
  • SoFi Technologies
  • Susquehanna Government Products (SGP)
  • Third Prime
  • Three Arrows Capital
  • Tiger Global Management
  • Valar Ventures
  • Valor Capital Group
  • The Venture Collective
  • Winklevoss Capital

  1. Stevens, R. (2022, November 30). BlockFi’s Rise and Fall: A Timeline. CoinDesk. https://web.archive.org/web/20230803183542/https://www.coindesk.com/learn/blockfis-rise-and-fall-a-timeline/ ↩︎

  2. Keoun, B. (2020, March 10). Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership. CoinDesk. https://web.archive.org/web/20230803204906/https://www.coindesk.com/business/2020/03/10/previously-crypto-only-blockfi-adds-cash-on-ramp-through-silvergate-partnership/ ↩︎

  3. Baydakova, A. (2018, July 24). BlockFi Raises $52.5 Million in Round Lead by Novogratz’s Galaxy Digital. CoinDesk. http://archive.today/2023.08.03-200106/https://www.coindesk.com/markets/2018/07/24/blockfi-raises-525-million-in-round-lead-by-novogratzs-galaxy-digital/ ↩︎

  4. Khatri, Y. (2021, September 13). Novogratz’s Galaxy Digital Backs $4 million Raise for Crypto-Lender BlockFi. CoinDesk. http://archive.today/2023.08.03-201045/https://www.coindesk.com/markets/2018/12/12/novogratzs-galaxy-digital-backs-4-million-raise-for-crypto-lender-blockfi/ ↩︎

  5. Foxley, W. (2019, August 6). Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A. CoinDesk. http://archive.today/2022.06.13-204401/https://www.coindesk.com/markets/2019/08/06/bitcoin-and-ether-lender-blockfi-raises-183-million-series-a/ ↩︎

  6. DiCamillo, N. (2020, February 13). Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures. CoinDesk. http://archive.today/2023.08.03-203826/https://www.coindesk.com/business/2020/02/13/bitcoin-lender-blockfi-raises-30m-in-series-b-led-by-peter-thiels-valar-ventures/ ↩︎

  7. DiCamillo, N. (2020b, August 20). BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars. CoinDesk. https://web.archive.org/web/20230204054437/https://www.coindesk.com/business/2020/08/20/blockfi-raises-50m-from-universities-nba-star-others-as-crypto-lending-soars/ ↩︎

  8. BlockFi - Funding, Financials, Valuation & Investors. Crunchbase. Retrieved August 3, 2023, from https://www.crunchbase.com/organization/blockfi-inc/investor_financials ↩︎