BlockFi founder: valuation of BlockFi will more than double next year

Galaxy Digital's third quarter report states that the valuation of digital currency lender BlockFi has doubled. BlockFi founder Zac Prince said he expects BlockFi's valuation to more than double by this time next year. BlockFi has launched a trading platform that may further strengthen customer relationships, but is unlikely to address the shortage of borrowers in the crypto space. Earlier reports, BlockFi announced the launch of BlockFi Trading, a digital asset trading platform for retail and institutional investors, which will initially allow trading of three digital assets: BTC, ETH, and GUSD.