Zac Prince, CEO of BlockFi Discusses Opportunities in Crypto-Lending

BlockFi is a New York-based fintech company providing loans backed by Bitcoin and Ether. The leading cryptoasset-to-USD lender, BlockFi has the largest lending footprint in the U.S. with over 40 state lending licenses. The firm is building a diversified financial institution with a focus on cryptocurrencies and blockchain technologies. In July 2018, BlockFi announced that they raised $52.5 million from Galaxy Digital Ventures, marking the industry’s first institutional investment in cryptoasset-backed loans.

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