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BlockFi
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Summary
location iconJersey City, New Jersey
website
company sizeCompany size: 501-1000

BlockFi's technology platform connects digital asset markets for traditional financial institutions to enable them to integrate securities execution, margining, short and reporting. providing credit services to markets with limited access to simple products like a savings account. BlockFi sets itself apart from other cryptoasset service providers by pairing market-leading rates with institutional-quality benefits.

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Digital Services
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BlockFi - Recent News & Articles

Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...

Source: PYMNTS
Payments Industry Growth Slows as Cash-to-Digital Shift Reaches Peak

Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....

Source: PYMNTS
Russia proposes Swift alternative for cross-border payments

In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...

Banks to join SWIFT digital asset trials in 2025

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025. Banks i...

PayPal lets US business accounts buy and sell crypto

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal busin...

Source: Finextra
US Department of Justice files civil antitrust lawsuit against Visa

The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa over allegations of “monopolisation and other unlawful conduct in ...

Klarna uses AI to reduce employee numbers

Finance and payments company Klarna says it has reduced hundreds of jobs and sees more reductions coming due to its implementation of AI. The Swedish ...

One Year Since the FedNow Launch: What You Should Know

Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. payments landscape. With over 900 financial institutio...

Source: Finextra
CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...

Source: CNBC