BlockFi Raises $18.3M Series A Led by Valar Ventures
August 7, 20194 min
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....