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Zac Prince is an American entrepreneur and financial technology executive, best known as the co-founder and former CEO of BlockFi, a prominent cryptocurrency lending platform. With a background in business development for tech startups, including roles at Admeld (acquired by Google) and Orchard Platform, Prince identified an opportunity to bridge traditional finance with the burgeoning digital asset space. He co-founded BlockFi in 2017, pioneering one of the first platforms to offer consumers interest-bearing accounts for their crypto holdings and crypto-collateralized loans. Under his leadership, BlockFi grew exponentially, attracting millions of users and securing over $500 million in venture capital. However, the company faced a catastrophic collapse in 2022 due to significant exposure to the failures of Three Arrows Capital and FTX, leading to a bankruptcy filing. Prince's journey represents both the immense potential and the significant risks of the centralized crypto finance industry.
Zac Prince's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Co-founded BlockFi in 2017 and scaled it into a leading global crypto-financial services company. The platform was one of the first to successfully offer crypto-backed loans and interest-earning accounts to a mainstream audience, enabling users to leverage their digital assets in new ways.
Led BlockFi through multiple successful funding rounds, raising over $500 million from top-tier investors including Valar Ventures, Morgan Creek Digital, and Bain Capital. This drove the company's valuation to over $3 billion, establishing it as a major 'unicorn' in the fintech sector.
Before BlockFi, Prince held senior business development roles at successful tech startups. He was instrumental in the growth of Admeld, an ad-tech firm acquired by Google for a reported $400 million, and Orchard Platform, a key technology and data provider in the online lending marketplace.
Texas State University - Year 2006
University of Oklahoma - Price College of Business - Year 2004
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