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Zac Prince
BlockFi’s Zac Prince Leaves Crypto, Joins Real Estate Tech Startup Re Cost Seg
Prince says he considered starting a new company in the crypto space, but wants something with a regular work week and lacks the octane and volatility of the industry.
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.
BlockFi Receives $250M Credit Facility From FTX
Crypto lending platform BlockFi secured a $250 million revolving credit facility from FTX. BlockFi CEO Zac Prince notes the move “bolsters our balance sheet and platform strength," and added that "the proceeds of the credit facility are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan collateral) and will be used as needed."
BlockFi CEO Wants SEC to Weigh in on Crypto Lending
Zac Prince, CEO of prominent crypto lending firm BlockFi, voiced optimism that the crypto lending industry will survive despite ongoing regulatory crackdowns but said it would ultimately need a word from the feds. This comes as BlockFi's interest-bearing crypto account has come under regulatory scrutiny in at least five U.S. states. "The Hash" panel reacts, discussing the possible fate of BlockFi and the lending industry.
BlockFi’s Prince on Impact of Low Interest Rates on Current Crypto Ecosystem
During a panel at Consensus 2021, BlockFi CEO Zac Prince discusses whether the current interest rates environment creates a path to integrate crypto with more traditional financing channels.
BlockFi CEO Zac Prince is Buying the Dip
Both bitcoin and ether plunged overnight following news regarding President Biden's proposal to increase the capital gains tax. Zac Prince, CEO of BlockFi, joined "First Mover" to discuss crypto lending and commented on the latest crypto sell-off. "I actually woke up and bought some bitcoin this morning," Prince said.
BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.
BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel
The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.
Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.
BlockFi Taps Defense Department, Microsoft Alum as Security Chief
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
