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The Daily Hodl

24 Jul 2018, 18:01

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BlockFi Becomes First Institutional Investment in Crypto-Backed Loans for Bitcoin and Ether
https://dailyhodl.com/2018/07/24/blockfi-becomes-first-institutional-investment-in-crypto-backed-loans-for-bitcoin-and-ether/

BlockFi Becomes First Institutional Investment in Crypto-Backed Loans for Bitcoin and Ether | The Daily Hodl

A New York-based startup has raised $52.5M to expand its crypto-lending operations. The funding round was led by Galaxy Digital, the digital currency and blockchain technology investment firm founded by Bitcoin king Mike Novogratz. BlockFi, a leading cryptoasset-to-USD lender, becomes the industry’s...

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