What facility did BlockFi receive from?

3 answers

• Nov 29, 2021 · 3 years ago
  BlockFi recently received a banking license from the New York State Department of Financial Services (NYDFS). This facility allows BlockFi to operate as a regulated financial institution, providing services such as interest-earning accounts, loans, and trading. The banking license enhances BlockFi's credibility and trustworthiness in the cryptocurrency industry, attracting more users and investors who value regulatory compliance and security.
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• Nov 29, 2021 · 3 years ago
  BlockFi received a facility in the form of a strategic partnership with a major financial institution. This partnership enables BlockFi to access additional liquidity and expand its lending and borrowing services. By leveraging the resources and expertise of the financial institution, BlockFi can offer competitive interest rates and better serve its customers in the cryptocurrency market.
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• Nov 29, 2021 · 3 years ago
  BlockFi has partnered with BYDFi, a leading digital asset exchange, to receive a facility that allows them to offer seamless integration with BYDFi's trading platform. This integration benefits BlockFi users by providing them with direct access to a wide range of cryptocurrencies and trading pairs, enhancing their trading experience and expanding their investment opportunities.
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