BlockFi – Startup Investor Profile

BlockFi develops a blockchain-driven wealth management platform for crypto investors.

Location: Jersey City

Country:

Investment Regions:

Investment Stages: late-stage, pre-seed, seed, series-a

Website: https://blockfi.com/

AI Reasoning: BlockFi’s last known major funding and operational activity occurred before its Chapter 11 bankruptcy filing and subsequent emergence and wind-down in 2022-2023. The company emerged from bankruptcy on October 24, 2023 and announced it would wind down remaining operations and assets, indicating no new investments after that period. The most relevant post-bankruptcy activity relates to asset liquidation and pursuing claims (not making new portfolio investments). The latest known related investment activity involving BlockFi was prior to November 2023 (for example, the company’s involvement with FTX and restructuring matters), which is more than 12 months ago relative to the required reference. One specific portfolio/company context referenced in sources is the company’s dealings tied to FTX (exposure and credit arrangements). Based on that, the length of time since any known investment activity exceeds 12 months; therefore the appropriate tag is selected.

Not Active – No known investments in the last 12 months.

Low Activity – Only known investments between the last 12 and 6 months.

Active – Known investments between the last 6 and 3 months.

Very Active – Known investments in the last 3 months.