BlockFi

by BlockFi

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BlockFi

by BlockFi

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What problem does this service solve?

Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings.BlockFi allows users to earn interest, or receive cash loans, by depositing their Bitcoin or Ethereum.

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Company Description

The Silvergate digital currency bank is a bank and financial infrastructure service provider that is based in California. It provides a variety of financial services to many of the largest digital currency companies and invesstors. Because Silvergate is a federally regulated bank, it can serve as compliant custody and collateral management solution for digital currency companies that need a regulated banking partner. The Silvergate Exchange Network (SEN) also enables exchanges and other institutions to leverage their Crypto holdings to receive US Dollar loans.

BlockFi is a crypto-backed lending and savings platform. It allows users to leverage their cryptocurrency assets to secure cash loans, and get fast liquidity, as well as earn interest on their Bitcoin and Ethereum holdings that are deposited.

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