BlockFi’s U.S. clients verified as accredited investors will receive access to BlockFi Yield, an interest-bearing digital asset account by the end of 2022.
BlockFi, a global digital asset financial services company, announced today that U.S. clients verified as accredited investors will be able to earn interest on digital assets with BlockFi Yield. This opportunity will first be available in beta to certain U.S. BlockFi clients by the end of 2022, and to all U.S. clients at the start of 2023.
U.S. clients verified as accredited investors interested in earning interest on digital assets will benefit from compelling aspects of the BlockFi platform, including:
Competitive interest rates on digital assets
Access to 15 digital assets
Ability to trade and earn interest on digital assets at the same time
No minimum investment
“As we continue to diligently work towards registration with the SEC for a public offering for BlockFi Yield, we are delighted to share that U.S. clients verified as accredited investors will soon be able to earn interest on digital assets at BlockFi,” said Flori Marquez, Founder and COO of BlockFi. “A foundational pillar of BlockFi is to be client-centric and serve as a stabilizing industry force. We are proud to be one of the battle-tested organizations that are still serving their clients, listening to their needs and evolving as we continue to support their digital asset journey.”
U.S. clients must complete an accredited investor verification request, and upon successful verification, will receive access to BlockFi’s digital asset interest services. Since inception, BlockFi has paid over $600 million in interest on digital assets to our clients.
Any offers or sales of BlockFi Yield to accredited investors will be made pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, and will not be registered with the U.S. Securities and Exchange Commission. BlockFi Yield accounts are not transferable. This communication does not constitute a public offer to sell BlockFi Yield.
This blogpost is for informational purposes only and is not investment advice.
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