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Monthly Update
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BlockFi Monthly Update – October 30th, 2019

Published, 30 October, 2019

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Monthly Update
We want to thank you all for your continued support of BlockFi.
Over the last three months alone, we’ve paid out over $2MM worth of crypto in interest and bonuses. In order to bring more value to the BlockFi community, we focused this month’s efforts on launching BlockFi Institutional Services, releasing a new product feature, and continuing to secure partnerships.

Introducing Institutional Services 

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This month we formally introduced BlockFi Institutional Services, designed to give market-makers, funds, exchanges, and family offices access to enterprise-grade financing solutions for digital assets. Read the announcement here.

Automated Loan Origination

Recently, we launched Automated Loan Origination (ALO). ALO enables us to provide a faster, better loan process. Clients can now apply and receive loan approval instantaneously. Moreover, the process is simple, and easy to follow. Check out how fast and easy the application process is in the video below.
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BlockFi Featured on On The Brink Podcast

BlockFi CEO and Founder Zac Prince was featured on crypto podcast On the Brink by Castle Island. Zac provides insight into our current products and what the future holds for BlockFi. Listen to the episode here.

Partnership Highlights

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Partnerships are a key way that we are able to provide added value to our clients. In October, we partnered with Coinmine, a consumer crypto mining company that provides easy-to-use retail mining units.
  • BlockFi clients are eligible to receive 10% off of the reduced-retail value ($699) of a Coinmine One. To receive this perk, send an email to support@blockfi.com.
If you ever have any questions, our support team is always happy to help. Call us at +1 (646) 779-9688 or email us at support@blockfi.com.
– The BlockFi Team
Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Crypto assets are deposited into an account with Gemini or BitGo, our primary custodians and licensed depository trusts. For more information, please see BlockFi’s Terms of Service.

Last updated on February 4th, 2021

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Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.
See BlockFi.com/terms for more information.
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Digital currency is not legal tender, is not backed by the government, and crypto accounts held with BlockFi are not subject to FDIC or SIPC protections. Digital currency values are not static and fluctuate due to market changes. Not all products and services are available in all geographic areas and are subject to applicable terms and conditions. Eligibility for particular products and services is subject to final determination by BlockFi. Rates for BlockFi products are subject to change.
See BlockFi.com/terms for more information.
2021 © All Rights Reserved.