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BlockFi is raising a Series D funding round at $2.85 billion pre-money valuation: sources

Quick Take

  • BlockFi is raising a Series D at a $2.85 billion pre-money valuation, two sources tell The Block.
  • The firm is looking to raise $350 million ahead of the launch of a new credit card product and public market debut by the end of the year.
Crypto lending startup BlockFi is in the process of closing a funding round at a pre-money valuation of $2.85 billion, per sources with knowledge of the deal.

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