# BlockFi

**Source:** https://www.startuphub.ai/startups/blockfi
**Profile type:** Startup

> A financial services company offering crypto-backed loans and interest accounts.

## About

BlockFi was a financial services company that provided cryptocurrency-backed loans and interest-bearing accounts. It aimed to bridge the gap between traditional finance and the burgeoning cryptocurrency market, offering users ways to earn yield on their digital assets and access liquidity without selling them.

## Key facts

- **Slug:** blockfi
- **Website:** https://blockfi.com/
- **Location:** New York, United States
- **Founded:** 2017
- **Operating status:** Active
- **Sectors / tags:** Fintech, Web3, DeFi, Lending, Crypto Exchange, Digital Payments

## Frequently asked

### What does BlockFi do?

BlockFi was a financial services company that provided cryptocurrency-backed loans and interest-bearing accounts. It aimed to bridge the gap between traditional finance and the burgeoning cryptocurrency market, offering users ways to earn yield on their digital assets and access liquidity without selling them.

### What is BlockFi's revenue?

StartupHub estimates BlockFi's annual revenue at $277.8M (range $180.7M to $1.1B, 42% confidence), based on comparable companies in the sector.

### What is BlockFi's valuation?

StartupHub estimates BlockFi's effective valuation at $2.9B (range $2.1B to $3.8B, 42% confidence), based on comparable companies in the sector.

### Where is BlockFi headquartered?

BlockFi is headquartered in New York, United States.

### When was BlockFi founded?

BlockFi was founded in 2017.

### What industry does BlockFi operate in?

BlockFi operates in Fintech, Web3, DeFi, Lending, Crypto Exchange, Digital Payments.

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