BlockFi Expands Retail Suite with Two New Product Offerings
JERSEY CITY, N.J., Jan. 18, 2022 /PRNewswire/ -- BlockFi, a crypto financial services company, is broadening its range of retail products to include BlockFi Personalized Yield (BPY), a portfolio product with flexible solutions tailored to each client's financial goals, and BlockFi Wallet (Wallet), where clients can easily buy, sell, and store crypto. Both BlockFi Personalized Yield and BlockFi Wallet will be available within the coming weeks in a phased launch.
"BlockFi aims to offer crypto wealth management solutions to all crypto enthusiasts, regardless of where they are on their crypto asset journey. The additions of Personalized Yield and Wallet ensure that we can support every segment of the crypto asset spectrum," said Zac Prince, CEO and Founder of BlockFi. "To give a sense of the rapid crypto adoption, five years ago less than 50% of people had even heard of Bitcoin in the U.S. Today, 90% of people have heard of cryptocurrencies more broadly. Looking to the future, I would wager that in the next five years crypto assets will be the norm for a well-balanced portfolio."
BlockFi Personalized Yield
BlockFi Personalized Yield and BlockFi Wallet are the latest retail products available to BlockFi clients and enhance an already robust suite of crypto financial products, which includes BlockFi Loan, BlockFi Interest Account, and the world's first crypto rewards credit card, BlockFi Rewards Visa® Signature Credit Card.
Nothing contained in this announcement should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The information provided in this announcement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This announcement is not directed to any person in any jurisdiction where the publication or availability of the announcement is prohibited, by reason of that person's nationality, residence or otherwise.
Neither BlockFi nor any of its affiliates or representatives provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Digital currency is not legal tender, is not backed by the government, and crypto interest accounts are not subject to FDIC or SIPC protections. Learn more at BlockFi.com.
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