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Giancarlo Announcement
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J. Christopher Giancarlo, former CFTC Chairman, Joins BlockFi Board of Directors

Published, 20 April, 2021

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Giancarlo Announcement
JERSEY CITY, N.J., April 20, 2021 - BlockFi today announced that the Honorable J. Christopher (“Chris”) Giancarlo has joined the company’s Board of Directors, effective immediately. In his role as a member of the Board, Giancarlo will provide valuable guidance to the company’s leadership on strategic matters, namely blockchain innovation, regulatory developments, and growth initiatives.
Giancarlo served as the 13th Chairman of the United States Commodity Futures Trading Commission (CFTC) from 2014 to 2019 under Presidents Barack Obama and Donald Trump. Giancarlo is widely respected as a leading voice on financial regulation and innovation. As Chairman of the CFTC, Giancarlo served as a member of the U.S. Financial Stability Oversight Committee, the President’s Working Group on Financial Markets, and the Executive Board of the International Organization of Securities Commissions. 
“As the adoption of digital assets accelerates, it is critical for the financial industry to consider how to adapt and integrate these innovations in a way that best serves investors and the broader economy,” said Mr. Giancarlo. “BlockFi’s mission to bridge the gap between digital assets and traditional finance provides a model for how to responsibly and thoughtfully manage innovation while also improving the financial well-being of their customers.”
“Chairman Giancarlo is highly respected in both traditional and digital finance, and his drive to advance financial innovation in a methodical, practical, and strategic manner will be invaluable for our development,” added Zac Prince, CEO and Co-Founder of BlockFi. “The executive team and I are excited to work with Chris and benefit from his experience as we broaden our footprint in a fast-moving and rapidly maturing market.”
Giancarlo currently serves as Senior Counsel to the international law firm Willkie Farr & Gallagher, Chairman of the Board of Common Securitization Solutions LLC, a joint venture between Fannie Mae and Freddie Mac, and on the Advisory Board of the Chamber of Digital Commerce. Giancarlo also serves as an independent director of the American Financial Exchange, the sponsor of Ameribor and Ameribor Futures.
In addition, Giancarlo was recently nominated to the Board of Nomura Holdings, the parent company of Japan’s biggest brokerage and investment bank.  Giancarlo is also the co-founder of the Digital Dollar Project.
In addition to his extensive regulatory background, Giancarlo is well known as an advocate for the development and use of blockchain technologies in financial services. Under his administration, the CFTC oversaw the launch of the first bitcoin futures contracts, created LabCFTC as the agency’s stakeholder in the digital evolution of derivatives trading markets, published primers on virtual currencies and smart contracts, and entered into FinTech cooperation agreements with several overseas regulators. Giancarlo was Founding Co-Editor-in-Chief for eSecurities: Trading and Regulation on the Internet (Leader Publications).
Media Contact for BlockFi:
Ryan Dicovitsky/Ellie Johnson
Dukas Linden Public Relations
BlockFi@DLPR.com
About BlockFi
BlockFi is a new breed of financial services company. Founded in 2017 by Zac Prince and Flori Marquez, BlockFi is building a bridge between cryptocurrencies and traditional financial and wealth management products to advance the overall digital asset ecosystem for individual and institutional investors. The company manages more than $15 billion in assets and has generated hundreds of millions in interest for clients. In March 2021, BlockFi completed a $350 million Series D financing at a valuation of $3 billion. Headquartered in New Jersey with offices around the globe, BlockFi continues to expand its presence in the United States and internationally.
Nothing contained in this announcement should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The information provided in this announcement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This announcement is not directed to any person in any jurisdiction where the publication or availability of the announcement is prohibited, by reason of that person’s nationality, residence or otherwise.
Neither BlockFi nor any of its affiliates or representatives provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Digital currency is not legal tender, is not backed by the government, and crypto interest accounts are not subject to FDIC or SIPC protections. For more information, please see BlockFi’s Terms of Service.
BlockFi Lending LLC NMLS ID#1737520 | BlockFi Trading LLC NMLS ID#187313 

Last updated on April 20th, 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.
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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.