Block Finance

Founded in 2017 by Zac Prince and Flori Marquez, BlockFi aimed to bridge the worlds of traditional finance and blockchain technology. The company's primary offerings included the BlockFi Interest Account (BIA), which allowed clients to earn interest on their cryptocurrency holdings, and crypto-backed loans. Following the collapse of FTX, to which it had significant exposure, BlockFi halted withdrawals and subsequently filed for Chapter 11 bankruptcy in November 2022. The company is no longer operational and is focused on executing its court-approved bankruptcy plan to return assets to its clients.