BlockFi company
Overview
BlockFi was a cryptocurrency financial services company that offered interest-bearing accounts and loans backed by digital assets. It filed for Chapter 11 bankruptcy in November 2022 following the collapse of FTX and broader crypto market turmoil, and wound down its operations after its bankruptcy plan took effect in October 2023. The platform is no longer operating; a wind-down estate continues to distribute remaining assets to creditors.
Within the DeFi Intel graph, BlockFi connects to 6 tracked entities, most strongly to BlockFi Bankruptcy, BlockFi Bankruptcy, Zac Prince.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
affected | BlockFi Bankruptcy | 95% |
bankrupted_at | BlockFi Bankruptcy | 95% |
founded_by | Zac Prince | 90% |
headquartered_in | United States | 85% |
partnered_with | Visa Crypto Card Programs | 85% |
holds_license | NY DFS BitLicense | 80% |
Frequently asked questions
What services did BlockFi offer?
BlockFi offered interest-bearing accounts and loans backed by digital assets.
Why did BlockFi file for bankruptcy?
BlockFi filed for Chapter 11 bankruptcy in November 2022 following the collapse of FTX and broader crypto market turmoil.
Who founded BlockFi and where is it headquartered?
BlockFi was founded by Zac Prince and is headquartered in the United States.
Sources
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