BlockFi, founded in 2017 and headquartered in Jersey City, NJ, is a non-bank lender offering USD loans against cryptoasset collateral. They also provide an online platform for crypto lending and borrowing.

BlockFi faced significant challenges following the bankruptcy of FTX in November 2022, which impacted its operations and led to its own Chapter 11 bankruptcy filing. As of October 2023, BlockFi emerged from bankruptcy, announcing the winding down of all operations. The company's revenue sources include interest fees, withdrawal fees, trading spreads, and premiums from investments.

Key figures include CEO & Founder Zac Prince and Co-Founder & SVP of Operations Flori Marquez. It has faced legal issues and controversies, especially related to the bankruptcy and FTX exposure, affecting its brand safety score.

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