BlockFi Now Has Over $53 Million in Client Crypto Under Management
Cointelegraph
Published Apr 23, 2019 04:17PM ET
BlockFi Now Has Over $53 Million in Client Crypto Under Management
BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23.
In the announcement, BlockFi also states that it will implement some policy changes starting from May 1, 2019. Specifically, the company says that the minimum deposit to earn interest has been lowered. Bitcoin (BTC) balances of 0.5 BTC and more will begin earning interest on their deposits, while ethereum (ETH) deposits up to 250 ETH will earn 6.2% annual percentage yield (APY).
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Written By: Cointelegraph
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