|
gptkbp:instance_of
|
gptkb:financial_services
|
|
gptkbp:acquired_by
|
gptkb:FTX_Trading_Ltd.
|
|
gptkbp:acquisition
|
gptkb:FTX_Trading_Ltd.
|
|
gptkbp:assets
|
over $10 billion
$3 billion
|
|
gptkbp:bankruptcy_filed
|
November 2022
|
|
gptkbp:business_model
|
trading fees
asset management fees
interest income from loans
|
|
gptkbp:ceo
|
gptkb:Flori_Marquez
gptkb:Zac_Prince
|
|
gptkbp:community_engagement
|
gptkb:educational_resources
webinars
blog articles
|
|
gptkbp:competitors
|
gptkb:Celsius_Network
gptkb:Crypto.com
gptkb:Binance
gptkb:Nexo
|
|
gptkbp:conflict
|
market volatility
liquidity issues
regulatory compliance costs
|
|
gptkbp:cryptocurrency_supported
|
gptkb:Bitcoin
gptkb:Ethereum
gptkb:Litecoin
gptkb:Chainlink
|
|
gptkbp:currency
|
gptkb:Bitcoin
gptkb:Ethereum
gptkb:Litecoin
gptkb:Chainlink
gptkb:Uniswap
up to 8.6% APY
|
|
gptkbp:customer_base
|
over 500,000
|
|
gptkbp:demographics
|
institutional investors
millennials
crypto investors
|
|
gptkbp:employees
|
over 300
|
|
gptkbp:financials
|
November 2022
|
|
gptkbp:founded
|
gptkb:2017
|
|
gptkbp:founded_by
|
gptkb:Flori_Marquez
gptkb:Zac_Prince
|
|
gptkbp:founder
|
gptkb:Flori_Marquez
gptkb:Zac_Prince
|
|
gptkbp:future_plans
|
international markets
expansion of services
new product offerings
|
|
gptkbp:has_part
|
gptkb:Block_Fi_Interest_Account
Block Fi Wallet
Block Fi Trading
Block Fi Credit Card
|
|
gptkbp:headquarters
|
gptkb:Jersey_City,_New_Jersey
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Block Fi
|
|
gptkbp:impact_of_ftx_collapse
|
financial restructuring
increased regulatory scrutiny
reduced user trust
|
|
gptkbp:investment
|
$1.5 billion
$350 million Series D funding
|
|
gptkbp:loan_collateral
|
gptkb:cryptocurrency
|
|
gptkbp:market_position
|
leading crypto lender
|
|
gptkbp:notable_event
|
bankruptcy filing
launch of mobile app
acquisition by FTX
collaboration with major banks
expansion into Europe
increased focus on compliance and regulation.
introduction of crypto rewards program
introduction of new trading features
launch of Block Fi Credit Card
launch of Block Fi Wallet
launch of educational resources for users
layoffs in 2022
partnership with Visa for credit card
regulatory scrutiny in 2021
suspension of withdrawals
|
|
gptkbp:notable_feature
|
no minimum balance for interest accounts
|
|
gptkbp:notable_investments
|
gptkb:So_Fi
gptkb:Valar_Ventures
gptkb:Morgan_Creek_Digital
|
|
gptkbp:offers
|
trading services
cryptocurrency lending
interest accounts
|
|
gptkbp:operates_in
|
gptkb:Canada
gptkb:United_Kingdom
gptkb:United_States
|
|
gptkbp:partnership
|
gptkb:Chainalysis
gptkb:Block_Fi_Bitcoin_Rewards_Credit_Card
gptkb:Visa
gptkb:Ledger
gptkb:Galaxy_Digital
gptkb:Gemini
gptkb:Block_Fi_Interest_Account
gptkb:Block_Fi_Yield
gptkb:Coinbase
Block Fi Wallet
Block Fi Trading
Block Fi Credit Card
|
|
gptkbp:production_company
|
private company
|
|
gptkbp:provides
|
crypto-backed loans
|
|
gptkbp:raises_funds_for
|
$350 million
|
|
gptkbp:regulatory_compliance
|
gptkb:Tennessee_Department_of_Financial_Institutions
gptkb:Oregon_Division_of_Financial_Regulation
gptkb:New_York_State_Department_of_Financial_Services
gptkb:California_Department_of_Financial_Protection_and_Innovation
gptkb:Georgia_Department_of_Banking_and_Finance
gptkb:Pennsylvania_Department_of_Banking_and_Securities
gptkb:North_Carolina_Department_of_Insurance
gptkb:South_Carolina_Department_of_Consumer_Affairs
gptkb:Minnesota_Department_of_Commerce
gptkb:Vermont_Department_of_Financial_Regulation
gptkb:Michigan_Department_of_Insurance_and_Financial_Services
gptkb:Rhode_Island_Department_of_Business_Regulation
gptkb:New_Jersey_Department_of_Banking_and_Insurance
gptkb:Nevada_Department_of_Business_and_Industry
Illinois Department of Financial and Professional Regulation
SEC investigation
Wyoming Division of Banking
Washington State Department of Financial Institutions
Kentucky Department of Financial Institutions
registered in multiple states
Alabama Securities Commission
Colorado Division of Banking
Florida Office of Financial Regulation
Massachusetts Securities Division
Missouri Division of Finance
Ohio Division of Financial Institutions
Texas State Securities Board
Virginia Bureau of Financial Institutions
West Virginia Division of Financial Institutions
|
|
gptkbp:revenue
|
trading fees
interest income
loan origination fees
|
|
gptkbp:security
|
two-factor authentication
cold storage
|
|
gptkbp:services
|
crypto interest accounts
crypto-backed loans
|
|
gptkbp:services_provided
|
gptkb:traders
cryptocurrency lending
interest accounts
|
|
gptkbp:target_market
|
individual and institutional investors
|
|
gptkbp:type
|
gptkb:cryptocurrency
|
|
gptkbp:user_base
|
over 500,000 customers
over 450,000 customers
|
|
gptkbp:user_experience
|
gptkb:Web
gptkb:mobile_app
|
|
gptkbp:website
|
blockfi.com
https://www.blockfi.com
|
|
gptkbp:bfsParent
|
gptkb:The_National_Medal_of_Technology_and_Innovation
|
|
gptkbp:bfsLayer
|
4
|