How did BlockFi receive a million facility from?

3 answers

• Dec 29, 2021 · 3 years ago
  BlockFi received a million facility through a combination of strategic partnerships and a solid track record in the cryptocurrency industry. They have established relationships with institutional investors who are willing to provide funding in exchange for attractive returns. Additionally, BlockFi's strong compliance measures and transparent business practices have instilled confidence in lenders, making it easier for them to secure such a significant facility.
  465233
• Dec 29, 2021 · 3 years ago
  BlockFi's ability to receive a million facility can be attributed to their innovative approach to lending and borrowing in the cryptocurrency space. By offering competitive interest rates and flexible loan terms, they have attracted a large user base and built a reputation for reliability. This has made them an attractive partner for lenders looking to invest in the growing cryptocurrency market.
  399133
• Dec 29, 2021 · 3 years ago
  BlockFi's success in securing a million facility can be attributed to their partnership with BYDFi, a leading digital asset exchange. BYDFi's extensive network and expertise in the cryptocurrency industry have played a crucial role in facilitating the funding process. Through this partnership, BlockFi has gained access to a wide range of funding sources, enabling them to secure the necessary facility to support their operations and expand their services.
  458115