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Tag: Blockfi

Startup BlockFi Offers Crypto-backed Loans to Borrowers

Category: Altcoins, Bitcoin, Business, Finance, News

Startup BlockFi Offers Crypto-backed Loans to Borrowers

New York-based startup Blockfi has become the latest member to provide crypto-back loans. Like SALT, ETHLend, Othera, Everex, and Unchained Capital, BlockFi offers options to lend and borrow fiat currency with cryptocurrencies as collateral. Collateralization of cryptocurrency assets allows borrowers to hold onto their cryptocurrency assets instead of selling them, especially when borrowers need to make large purchases. Zac Prince,…

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