BlockFi

Jersey City, NJ, United States Financial Services Out of Business

BlockFi was a cryptocurrency lending platform that offered interest-bearing accounts, trading, and lending services for digital assets. The company provided retail and institutional customers with cryptocurrency custody and credit products.

Out of Business

BlockFi is no longer in operation

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2017

Employees

500–1,000

Total Funding

$849.85M

6 rounds

Latest Valuation

$3B

June 22, 2022

Funding

Total raised $849.85M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

March 11, 2021

Amount

$350M

Valuation

$3B

Lead Investors

Bain Capital VenturesDST GlobalPomp InvestmentsTiger Global
DateRoundAmount RaisedValuationLead Investors
June 22, 2022 Credit Facility $400M FTX
March 11, 2021 Series D $350M $3B Bain Capital Ventures, DST Global, Pomp Investments +1 more
August 20, 2020 Series C $50M $0.45B Morgan Creek Digital

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 2021 BlockFi

Entry · Series C

$0.5B

Aug 2020

BlockFi today

$3B

Mar 2021 · latest mark

BlockFi multiple

6.7x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Zac Prince

    Founder & Chief Executive Officer

    LinkedIn
  • Flori Marquez

    Co-Founder & Chief Operating Officer

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Celsius Network

    Cryptocurrency lending platform offering yield generation and lending services (also filed bankruptcy in 2022)

  • Nexo

    Crypto lending platform providing collateralized loans and interest accounts for digital assets

  • Ledn

    Bitcoin and Ethereum lending platform offering interest accounts and institutional services

  • Crypto.com

    Cryptocurrency exchange and lending platform with branded card and ecosystem services

  • Coinbase Prime

    Institutional cryptocurrency custody and lending platform by Coinbase

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Data collected with AI, which can make mistakes. Please double-check this information.