BlockFi Investor Conference Presentation Deck
Industry-Leading Compliance
Never Launched Its Own Token to
Fundraise
Unlike certain competitors, BlockFi never launched
its own token to raise funds but instead relied on
traditional venture capital financing.
Industry Leader in Transparency
BlockFi posts a quarterly transparency report to
update its clients about the assets on BlockFi's
platform and how it manages related liquidity and
credit risk.
47
BlockFi
47 Licenses Issued by 32 States
First company in many states to seek and receive
lending licenses and money transmission licenses for
making cryptocurrency-backed loans; BlockFi has been
issued 47 licenses for lending and money
transmission and the like by 32 states and the District
of Columbia, and a separate Class F Digital Business
Assets License from Bermuda.
Settlement with SEC
In 2021, several U.S. state regulators as well as the SEC sent
inquiries related to BlockFi's BIAs focused on whether interest-
bearing accounts were, in fact, securities requiring registration
with the SEC. BlockFi resolved these disputes with these
regulators via settlement and, as part of that agreement,
agreed to cease selling the then-existing interest-bearing
accounts to customers in the United States.
As a result of that settlement, BlockFi created a new product,
"BlockFi Yield," and prepared an S-1 for BlockFi Yield to be
registered with the SEC. BlockFi is the only cryptocurrency
platform to have reached such a settlement with the SEC.
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