visual ... [+] representations of the digital Cryptocurrency Bitcoin with the Euro bill. Thessaloniki, Greece - August 8, 2020 (Photo by Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty ImagesBlockFi, a cryptocurrency lender and financial services company, announced today that it raised $50 million in Series C funding led by Morgan Creek Digital. The previous series B round raised $30 million in funding. Bitcoin's rise and volatility in the past few months have helped shine a positive light on digital assets. “The past twelve months at BlockFi have been nothing short of amazing, and if anything, is a testament to the staying power of Bitcoin and other digital assets,” said Zac Prince, CEO and BlockFi cofounder.

Source: Forbes August 20, 2020 12:22 UTC