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BlockFi Partners with the DeFi Alliance to Mentor DeFi Startups

BlockFi Partners with the DeFi Alliance to Mentor DeFi Startups
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JERSEY CITY, N.J.— Oct. 13, 2020— BlockFi today announced our partnership with the DeFi Alliance, a Chicago-based nonprofit organization providing support and mentorship to startups in the decentralized finance (DeFi) space, specifically in the areas of trading, markets and regulation.

The DeFi Alliance offers DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and other applicable requirements. BlockFi is excited to join an influential list of DeFi Alliance supporters, including DRW/Cumberland, CMT Digital, Aave, Compound Finance, Jump Capital, and Volt Capital.

“We’re thrilled to be joining the DeFi Alliance, as we share similar goals in expanding and strengthening the DeFi ecosystem,” said Zac Prince, CEO and Co-Founder of BlockFi. “BlockFi has been fortunate to have the support of others in the DeFi community, and our expectation is we can pass on similar support and mentorship to startups and market-oriented companies  within the alliance.”

“We’re excited to work with the DeFi Alliance’s cohort and uncover growth opportunities within the industry,” added BlockFi Chief Risk Officer and Head of Global Digital Markets Rene van Kesteren. “Despite the global economic downturn caused by the COVID-19 pandemic, we’re pleased to be a part of the DeFi industry that is continuing to grow and support burgeoning organizations.”

“We’re thrilled to have BlockFi as part of the DeFi Alliance,” said Imran Khan, Lead at DeFi Alliance. “BlockFi’s meteoric success can guide other founders to similar outcomes.”

Rates for BlockFi products are subject to change. Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections. Crypto assets are deposited into an account with Gemini or BitGo, our primary custodians and licensed depository trusts. For more information, please see BlockFi’s Terms of Service.

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