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This question is about BlockFi.
Who owns BlockFi?
Gemini Trust Company, LLC owns BlockFi. Zac Prince is the co-founder and CEO of BlockFi. The company was formed in 2017 in New York City. BlockFi was created as a blockchain platform for high-interest crypto-currency accounts and low-cost credit products.
The company's main objective is to provide credit services to markets that presently have limited access to products, such as simple savings accounts.
BlockFi is different from other crypto asset service providers in that the company pairs market-leading rates with institutional-quality benefits. The company is the only independent lender with institutional backing from investors that include Valar Ventures, Galaxy Digital, Fidelity, Akuna Capital, SoFi, and Coinbase Ventures.
BlockFi has these subsidiaries, BlockFi Lending LLC, BlockFi Inc., and Asset Management Arm. BlockFi has an estimated annual revenue of $464 million per year.
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