BlockFi

GPTKB entity

Statements (46)
Predicate Object
gptkbp:instanceOf cryptocurrency company
gptkbp:acquiredBy gptkb:FTX
gptkbp:ceasedWithdrawals November 2022
gptkbp:CEO gptkb:Zac_Prince
gptkbp:filedForBankruptcy 2022
Chapter 11
gptkbp:foundedBy gptkb:Flori_Marquez
gptkb:Zac_Prince
gptkbp:foundedYear 2017
gptkbp:founder gptkb:Flori_Marquez
gptkbp:headquartersLocation gptkb:Jersey_City,_New_Jersey,_United_States
https://www.w3.org/2000/01/rdf-schema#label BlockFi
gptkbp:industry gptkb:cryptocurrency
gptkb:financial_technology
gptkbp:investor gptkb:Valar_Ventures
gptkb:Coinbase_Ventures
gptkb:Tiger_Global_Management
gptkb:Winklevoss_Capital
gptkb:Akuna_Capital
gptkb:Galaxy_Digital
gptkb:Morgan_Creek_Digital
gptkb:Three_Arrows_Capital
gptkbp:notableCompetitor gptkb:Gemini
gptkb:Celsius_Network
gptkb:Nexo
gptkb:Voyager_Digital
gptkbp:notableEvent filed for bankruptcy November 2022
impacted by FTX bankruptcy
impacted by FTX collapse
restructuring ongoing as of 2023
settled with SEC February 2022
suspended withdrawals November 2022
gptkbp:notableProduct gptkb:BlockFi_Bitcoin_Rewards_Credit_Card
gptkb:BlockFi_Interest_Account
gptkbp:numberOfEmployees ~850 (at peak)
gptkbp:offersProduct cryptocurrency trading
crypto-backed loans
cryptocurrency interest accounts
cryptocurrency lending
gptkbp:regulates settled with SEC in 2022
gptkbp:regulatoryJurisdiction gptkb:United_States
gptkbp:SECSettlementAmount $100 million
gptkbp:valuation $3 billion (2021)
gptkbp:website https://blockfi.com
gptkbp:bfsParent gptkb:Valar_Ventures
gptkbp:bfsLayer 5