February 13, 2020 Lending startup BlockFi raises $30 million Series B.

BlockFi offers fiat loans against BTC and ETH collateral, and reports having $650 million in assets on its platform. Participants in the funding round include Peter Thiel’s Valar Ventures, Morgan Creek Digital, Winklesvoss Capital, and Kenetic. BlockFi aims to expand its footprint in the Asia-Pacific region with a focus on institutional clients.