BlockFi


Finance

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals

FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

BlockFi CEO Zac Prince speaks at Consensus 2019. (CoinDesk archives)

Videos

Financial Services on the Blockchain: Lending, Insurance and More

Teller Founder & CEO Ryan Berkun, BlockFi's Global Head of Institutional Distribution David Olsson, and Finoa GmbH's Co-founder & CEO Christopher May join Coindesk's Senior Reporter Ian Allison at Consensus 2022 to discuss providing and finessing financial services on the blockchain.

Recent Videos

Videos

Old Guard Meets New Guard: Integrating Payment Networks

At Consensus 2022, Alex Adelman (Lolli), Tammy Camp (Stronghold), Flori Marquez (BlockFi) and Raj Dhamodharan (Mastercard) discuss the interactions between traditional finance and new models. Plus, a conversation about obstacles and rewards as we cruise toward a future of integrated payments networks. Moderator: David Morris, Chief Insights Columnist, CoinDesk

Foundations at Consensus 2022

Finance

Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

The company has released a quarter-end snapshot of a number of operating statistics.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Videos

WisdomTree Exec on Future of U.S. Bitcoin Spot ETF Race

WisdomTree Head of Digital Assets Will Peck discusses his take on the U.S. spot bitcoin ETF race following a string of rejections from the SEC, sharing an update on the asset manager's application. Plus, reactions to BlockFi no longer accepting Grayscale Bitcoin Trust (GBTC) as collateral and crypto markets outlook.

Recent Videos

Finance

BlockFi Quickly Reverses Plan to Stop Accepting GBTC as Collateral

The troubled crypto lender BlockFi said earlier Tuesday that it would no longer accept shares of the Grayscale Bitcoin Trust as collateral. A few hours later, the company said in a statement that "We are not saying that we won't support GBTC as collateral moving forward."

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Videos

Crypto Winter Hits NFTs; 3AC Files for Bankruptcy

Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Opinion

From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance

Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.

Subsidizing shadow-banking yields turns out to be a really, really bad idea. (Getty Images/wakila)

Finance

Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report

BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.

BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)