Is BlockFi growing? I heard the platform is exploding.
BlockFi is growing fast.
CEO, Zac Prince, says the company is involved in a “low-risk type of lending,” adding that BlockFi had never suffered any principal losses.
The company claims both its revenues and customer base had increased 100% since June 2018.
Put another way, BlockFi’s monthly revenue grew more than 10 times since January.
Early last year, BlockFi announced that it had more than $53 million worth of cryptocurrencies in its client accounts.