BlockFi made $1.55 million in lending funds to crypto traders

The BlockFi, a New York-based startup, had made $1.55 million through the issuance of closed funds. The company supported by ConsenSys Ventures, SoFi, and Kenetic Capital had been issuing loans to the crypto traders by their crypto holdings held as collateral. It was aimed to bridge the gap between capital market and the cryptocurrency market.

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