Express

​BlockFi Saw Its Revenue Reached Nearly $100 Million In 2020, An Increase Of Over 20 Times

Mary Liu

Summary: BlockFi, a diversified financial services company, has made a revenue of nearly $100 million in 2020, an increase of more than 20 times compared with 2019, as reported by The Block. Three years ago, BlockFi initially break into the crypto market by providing USD loans with BTC or ETH as the basic collateral. Now it ...

BlockFi, a diversified financial services company, has made a revenue of nearly $100 million in 2020, an increase of more than 20 times compared with 2019, as reported by The Block.

Three years ago, BlockFi initially break into the crypto market by providing USD loans with BTC or ETH as the basic collateral. Now it has gradually developed into a diversified financial services company centered on the digital asset ecosystem.

It is reported that BlockFi currently has more than 125,000 customer fund accounts, which is 12.5 times that of the fourth quarter of 2019. The total balance of customer funds exceeds $8 billion, which is a nearly 30-fold increase compared to the fourth quarter of 2019.

By Mary Liu

Last Update:

Tags: ,,,
Link: ​BlockFi Saw Its Revenue Reached Nearly $100 Million In 2020, An Increase Of Over 20 Times   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.