BlockFi Raises $18.3M Series A Led by Valar Ventures

BlockFi, the leading wealth management solution for crypto investors, announced today that it has raised¬†$18.3 million¬†in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital,¬†Morgan Creek¬†and PJC. The capital will be used to add new products to BlockFi’s existing platform, which includes interest-earning accounts for Bitcoin and crypto-backed USD loans. Valar, a¬†New York-based and fintech-focused VC firm, led the funding round....

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