Categories
BlockFi coin news coin news today Crypto News crypto news updates crypto updates cryptocoinsnews cryptocurrency cryptocurrency 2017 cryptocurrency market cryptocurrency news cryptocurrency news updates cryptocurrency prices cryptocurrency trading cryptocurrency updates cryptonews digital currency news editorial latest cryptocurrency latest cryptocurrency news new crypto coins new cryptocurrency 2017 new cryptocurrency release prconnect

BlockFi Raises Over $18 Million USD in Funding Round













US cryptocurrency lending startup BlockFi has raised $18.3 million USD in a funding round led by Valar Ventures, the company announced on Tuesday.
BlockFi is the first company of its kind to receive institutional funding for crypto-based loans in US dollars, in the form of a $50 million lending facility from Galaxy Digital. The new capital will reportedly be used to expand the array of products on BlockFi’s existing platform that includes interest-earning accounts for Bitcoin (BTC) and crypto-backed USD loans. BlockFi also plans on using the investment to double its number of employees to 60 …
Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.


Take a look at  coin secrets