Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A
Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender's latest round.
BlockFi recently announced it would make changes to the interest they pay for bitcoin and ether deposits.
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
Minimum deposits have been dropped on BlockFi's Interest Bearing Accounts for bitcoin, ethereum and the gemini dollar.