BlockFi is an internet company focusing on providing financial services to the crypto-asset market, offering USD loans, and promoting liquidity and transparency in digital financial markets. Their products cater to the needs of individuals and institutions holding blockchain assets, such as Bitcoin and Ether, which are used as collateral for loans issued in USD. Since its founding in 2017, BlockFi has grown to operate in 35 US states. The company aims to create products that meet the demands of consumers and corporations worldwide by leveraging a sophisticated infrastructure that integrates with multiple blockchains.
As a medium-sized company headquartered in Jersey City, NJ, BlockFi has 674 employees and generates annual revenue of $6.4 million. Led by CEO Zac Prince, the organization's mission is to provide simple and easy-to-understand communication, tailored support for each individual, and empowering clients with tools and products that enable them to make informed financial management decisions. With plans to expand their product set based on retail and institutional client needs, BlockFi is committed to driving efficiency in the digital financial markets.
