Coinbase Ventures and Able Partners Join List of Investors Backing BlockFi Lending Platform

2019-1-30 01:50

In a recent blog post, BlockFi, a popular non-bank lender for crypto asset owners, has received new investments from Coinbase Ventures and Able Partners. Coinbase Ventures is one of the most important investment companies in the crypto world. Able Partners is an investment fund that focuses on early-stage companies.

BlackFi was able to receive $4 million in a fundraising round that was led by Fidelity and Akuna Capital. The company wants to expand into new business lines such as a potential credit card product.

Although there is no specific information about the investments that these companies did, BlockFi says that this is an extension of their latest $4 million raise. Coinbase Ventures provides financing for promising companies in the space that have teams and ideas that can help the space grow as a whole.

According to the BlockFi Team, the partnership with Able Partners will allow the firm to gain more exposure to a diversified audience of professionals and investors.

BlockFi wrote in this blog post:

“We want to thank our customers for helping us build a company aimed at providing the most trustworthy financial services provider in the crypto industry.”

The company informed that they will keep updating the community about upcoming services and BlockFi products released to the market.

BlockFi offers lending services to cryptocurrency users from all over the world. Individuals can receive a loan and use digital currencies as collateral. That means that users can have liquidity now without triggering a capital gains tax event.

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2018-11-2 10:06


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$8 Billion Coinbase Now Has More Users Than 21 Million Bitcoins

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2018-10-4 02:00


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2018-8-16 08:04


Фото:

Coinbase Announces Instant Crypto Trade, Enhanced Default Limit, and Support for Ethereum Classic

Coinbase, the world’s largest digital asset exchange, announced on its official blog that it will enable immediate trading and will allow a higher default limit to most of its users. The official online announcement was made on August 7 and stated that traders will be able trade cryptocurrency immediately after making a purchase.

2018-8-9 02:00


Coinbase добавила поддержку фунта для британских криптоинвесторов

Криптовалютная биржа Coinbase добавила возможность ввода/вывода британского фунта (GBP). Starting today, Coinbase customers in the UK will be able to seamlessly move GBP in and out of their accounts using the Faster Payments service.

2018-8-2 10:18


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Coinbase Announces New ‘e-gift Card’ Allowing Users to Spend Cryptos With Nike, Tesco, Uber, and More

Good news for Coinbase users as the trading platform launches a new use for cryptocurrency balances on the exchange. Talking on the platform’s Medium page earlier today, Zeeshan Feroz, the exchange’s UK CEO, wrote that customers of Coinbase in selected regions will now be able to spend their cryptocurrency balances on e-gift cards.

2018-7-25 16:04


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