BlockFi
Founded Year
2017Stage
Bankrupt/Emergence | AliveTotal Raised
$762.75MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+35 points in the past 30 days
About BlockFi
BlockFi is a financial services company that offers wealth management products for cryptocurrency investors, operating within the fintech and blockchain technology sectors. The company provides USD loans backed by cryptocurrency, interest-earning accounts for digital assets, and a platform for trading various cryptocurrencies. It was founded in 2017 and is based in Jersey City, New Jersey.
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Research containing BlockFi
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned BlockFi in 3 CB Insights research briefs, most recently on Jan 26, 2023.
Expert Collections containing BlockFi
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BlockFi is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Blockchain
9,691 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Digital Lending
2,380 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
9,466 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
500 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Blockchain 50
100 items
Latest BlockFi News
Apr 2, 2025
BlockFi claims deadline is May 15, with only 43% of non-U.S. customers claiming 2025-04-02 19:10:48 ChainCatcher news, according to CoinDesk, the bankrupt cryptocurrency lending platform BlockFi has announced that creditors must complete their asset claim by May 15, 2025, or unclaimed assets will be transferred to other unsecured creditors. Currently, the claim rate for U.S. customers has reached 97%, while only 43% of non-U.S. customers have completed their claims. BlockFi stated that the low claim rate may be due to some customers mistakenly treating the claim notifications as spam or phishing attacks. The company emphasized that some customers may need to complete KYC verification to receive their asset distribution. BlockFi filed for bankruptcy protection in November 2022 and announced in July 2024 that it would distribute assets at 100% of the dollar value of customer claims at the time of the bankruptcy filing. The company is now urging all eligible customers who have not yet completed their claims to act quickly to avoid missing the deadline.
BlockFi Frequently Asked Questions (FAQ)
When was BlockFi founded?
BlockFi was founded in 2017.
Where is BlockFi's headquarters?
BlockFi's headquarters is located at 201 Montgomery Street, Jersey City.
What is BlockFi's latest funding round?
BlockFi's latest funding round is Bankrupt/Emergence.
How much did BlockFi raise?
BlockFi raised a total of $762.75M.
Who are the investors of BlockFi?
Investors of BlockFi include FTX, Valar Ventures, Morgan Creek Digital, PJC, Winklevoss Capital and 44 more.
Who are BlockFi's competitors?
Competitors of BlockFi include Bitwise Asset Management, Blockchain.com, Circle, hi, Celsius and 7 more.
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Compare BlockFi to Competitors
Celsius operates a cryptocurrency lending platform. It allows users to earn interest on their crypto assets and borrow against them. The company was founded in 2017 and is based in Hoboken, New Jersey.
Crypto.com is a cryptocurrency trading platform and financial services provider in the fintech sector. The company provides services for buying, selling, and trading Bitcoin, Ethereum, and over 350 other cryptocurrencies, as well as decentralized finance services like staking and various crypto financial products. Crypto.com serves individuals and businesses involved in cryptocurrency transactions and investments. Crypto.com was formerly known as Monaco. It was founded in 2016 and is based in Singapore.
Binance develops a cryptocurrency exchange platform. It specializes in trading various digital assets. The company offers services such as spot market trading, futures and options trading, as well as peer-to-peer transactions. Binance also provides tools for margin trading, automated trading bots, and educational resources. It was founded in 2017 and is based in George Town, Cayman Islands.
BitPay focuses on Bitcoin payments and cryptocurrency transaction services within the financial technology sector. The company provides solutions for buying, storing, swapping, and spending cryptocurrencies, as well as services for businesses to accept crypto payments and manage crypto payroll. BitPay's offerings cater to both individual consumers and businesses, with a range of tools designed to facilitate the use of cryptocurrencies in various transactions. It was founded in 2011 and is based in Atlanta, Georgia.
Nexo is a digital assets institution that provides services in the cryptocurrency sector. The company offers trading, savings accounts, credit lines, and investment options for retail and institutional clients. Nexo's platform enables buying, earning interest, and borrowing against various digital assets. It was founded in 2018 and is based in Zug, Switzerland.
Kraken focuses on digital currency exchange. The company provides a platform for trading various digital currencies, including bitcoin, offering a secure and efficient service for its users. Kraken primarily serves the financial technology industry. It was founded in 2011 and is based in San Francisco, California.
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