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BlockFi raises $350m in Series D funding at a $3b valuation

Jersey City based crypto-lending platform raised $350m in Series D funding led by Bain Capital Ventures, DST Global partners, Pomp Investments and Tiger Global. 

“In less than six months since we completed our Series C, Bitcoin and other digital assets have assumed a central role in many investors’ portfolios and in broader financial markets,” Prince said. “Our conviction that digital assets are the future of finance has been vindicated by our client base, which grew 10 times year over year in 2020 and has more than doubled since the end of 2020.”

Tags

crypto, lending