Blockfi launches a platform for institutional investors - Bits Media

BlockFi Cryptocurrency Loan Service Launches BlockFi Prime – trading platform for institutional investors and high net worth clients.

According to the press release
Company, The new service will include quotes in real time and calculations for the next day (T+1). Blockfi Prime will be available to managing assets of companies, family investment companies, wealthy private individuals, hedge fund, private investment companies and corporate structures. Blockfi plans to add opportunities for margin trading to the service, automatic marginal lending and derivatives in the coming months.

The launch of the new service was followed by the increased interest of institutional investors to cryptocurrency markets, which began last year. Blockfi offers the Prime direction for institutional by analogy with Coinbase, Genesis Trading and other cryptocurrency firms.

“Our clients asked us about this service, Since we have the largest balance of assets and liabilities among the new generation of companies, engaged in digital financing ", – said
Vice President and Head of the Institutional Direct in Blockfi David Alsson (David Olsson). “From the first day we created a business in this way, What to be able to serve organizations ".

The other day, the cryptocurrency credit service Blockfi attracted
$500 Milln in the framework of the round of financing. BlockFi capitalization is now estimated at $4.75 billion. In mid -May, an error
Blockfi led to that in the marketing action, that some of the users received gifts not in GUSD stablecoins, а в btc. As a result, One of the users received more $28 million.