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21 June 2021

Reports suggest BlockFi seeks to raise millions at a valuation of $5B

Reports suggest BlockFi seeks to raise millions at a valuation of $5B


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Cryptocurrency lending platform BlockFi is reportedly looking to raise hundreds of millions of dollars in new funding at a valuation of nearly $5 billion, offering further insights into the growth of crypto-focused companies. .

As Cointelegraph reported, BlockFi raised $350 million in Series D financing earlier this year, building on the $100 million it raised via three earlier funding rounds.

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cointelegraph.com
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