BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel
The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.
The failure of a Bitcoin bank reinforces the merit of a Bitcoin-based financial system, says our columnist.
The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.
BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.
CF Benchmarks will now update prices on crypto deposits at BlockFi every second, allowing the lender to hedge against sudden market moves.
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.