| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Crypto |
| Total raised | $450M+ total |
| Collapse type | Sudden Collapse |
| Founder | Zac Prince |
BlockFi
"The crypto lender that offered 9% interest on Bitcoin — and collapsed the week FTX did"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
BlockFi built a crypto lending business offering retail users high-yield savings accounts backed by institutional lending.
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