Cryptocurrencies
Thiel-Backed Venture Fund Leads Latest BlockFi Finance Round
- Crypto lender BlockFi raises $30 million in series B offering
- Other backers include Morgan Creek and Winklevoss Capital
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BlockFi Inc., a crypto trading and lending platform, raised $30 million in its second round of financing, led by funding from Valar Ventures, a Peter Thiel-backed venture fund.
The Jersey City, New Jersey-based company plans to use the proceeds to increase staff and work on additional products, some of which are already under development.