BlockFi was a financial services company founded in 2017 by Zac Prince and Flori Marquez. It aimed to bridge traditional finance and blockchain technology by offering cryptocurrency-backed loans, interest-earning accounts for crypto deposits, and a crypto rewards credit card. At its peak, BlockFi was a prominent player in the crypto lending space, serving retail and institutional clients globally. However, facing severe liquidity issues exacerbated by the collapse of FTX and overall crypto market volatility in 2022, BlockFi and its eight affiliates filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey on November 28, 2022. The company has since been focused on winding down its operations, recovering assets, and working through a plan to return remaining customer funds.
Served as the central hub for BlockFi's global operations, including executive leadership, product development, engineering, marketing, legal, and compliance teams before its bankruptcy.
The headquarters was situated in a modern office building, likely featuring open-plan workspaces and collaborative environments typical of fintech companies. Specific architectural highlights were not widely publicized.
Prior to its financial distress, BlockFi fostered a fast-paced, startup-like culture focused on innovation in the digital asset space, rapid growth, and financial inclusion. The culture significantly shifted post-bankruptcy to focus on crisis management and restructuring.
The Jersey City HQ symbolized BlockFi's ambition to be a leading, regulated US-based financial institution in the cryptocurrency sector. Its proximity to major financial markets was key to its strategy.
Prior to its Chapter 11 filing, BlockFi aimed for a significant global presence, offering its cryptocurrency financial products to clients in numerous countries worldwide, subject to local regulations. This global reach was supported by international offices in key regions like Asia-Pacific (Singapore) and Europe (Poland), which housed functions such as engineering, customer support, and regional business development. Post-bankruptcy, its global operations have ceased, and activities are focused on asset recovery and creditor communications as part of the wind-down process.
201 Montgomery St, Suite 263
Jersey City
New Jersey
USA
Address: 1 Wallich Street, #14-01 Guoco Tower, Singapore 078881 (Former)
To expand BlockFi's presence and client base in the growing Asian cryptocurrency market, provide localized support, and tap into regional talent pools.
Address: Specific street address not publicly available post-restructuring (Former)
To strengthen BlockFi's technological infrastructure, support its European client base, and diversify its global operational capabilities.
Address: Specific street address not publicly available post-restructuring (Former)
To tap into the emerging crypto market in Latin America, provide localized services, and access a diverse talent pool.
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As of April 2025, BlockFi' leadership includes:
BlockFi has been backed by several prominent investors over the years, including:
Within the last 12 months (approx. mid-2023 to mid-2024), BlockFi's executive activities have been entirely focused on its Chapter 11 bankruptcy proceedings and operational wind-down. No new executives have been hired for growth initiatives. The remaining leadership, including CEO Zac Prince, and the Chief Restructuring Officer, Mark Renzi (appointed November 2022), have been managing the company's affairs through this period. Major executive departures and role eliminations largely occurred in late 2022 and early 2023, immediately following the bankruptcy filing.
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Historically, BlockFi likely used common corporate email formats. The most probable primary format combined the employee's first initial and last name, or first name and last name, with the company domain.
[firstinitial][lastname]@blockfi.com or [firstname].[lastname]@blockfi.com
Format
jdoe@blockfi.com
Example
1%
Success rate
CoinDesk • 2024-03-07
BlockFi and FTX, along with its sibling trading firm Alameda Research, reached an 'in-principle' agreement to resolve their disputes. FTX would pay BlockFi up to $874.5 million, primarily settling BlockFi's claims against FTX. This agreement is subject to court approval....more
Reuters • 2024-02-01
Bankrupt crypto lender BlockFi announced it has started allowing U.S. clients with interest-bearing accounts to initiate withdrawal requests, marking a step in returning funds to customers as part of its liquidation plan. This followed the opening of withdrawals for most international interest account holders....more
BlockFi Official Blog / PR Newswire • 2023-10-24
BlockFi announced that its bankruptcy plan was confirmed by the Court and became effective, allowing the company to emerge from bankruptcy and commence the process of returning assets to clients. The company stated its focus would be on distributing assets and winding down operations....more
Bloomberg • 2023-09-26
A US bankruptcy judge approved BlockFi Inc.’s plan to liquidate its assets and begin repaying creditors, a significant step toward resolving its Chapter 11 case. The plan detailed how the company would distribute recovered crypto assets to its customers....more
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