The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.