Blockfi launched savings accounts for accredited investors

The Blockfi cryptolending platform resumed the provision of US Services residents related to the savings accounts of YILELD .

We’ve Been Busy at @blockfi Over The Past Few Months and Have Some ** Big ** News to What is a cryptocurrency Share! Today We announced that ceretain u.S. Clients Who are Verified as Accredited Investors Will Get Access to Blockfi Yield by the End of the Year. https: // t.CO/B3QBTY28IX Pic.Twitter.COM/A5HFPFUI3

– Flori Marquez (@founderflori) Novmber 7, 2022

The service covers 15 different crypto assets and is available to accredited investors. Representatives of the company called interest rates “competitive”.

“Any proposals or sales of Blockfi Yield accredited investors will be made in accordance with the release from registration requirements in accordance with the 1933 securities law,” the company explained.

Recall that at the beginning of the year the US authorities obliged Blockfi to pay fines for $ 100 million. As part of the agreement, the company suspended the provision of US residents related to BIA accounts.

In June, the company announced the reduction of personnel by 20%. Then, according to media reports, investors reduced the Blockfi rating from $ 5 billion to $ 1 billion.

In July, the American Bitcoin-Torge FTX division concluded a loan deal with Blockfi $ 400 million with the possibility of buying a platform for $ 240 million.

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