JERSEY CITY, N.J.,
August 19, 2021 (Newswire.com) –
BlockFi, a monetary companies firm devoted to constructing a bridge between cryptocurrencies and conventional monetary and wealth administration merchandise, as we speak introduced an unique, multi-year partnership with Cade Cunningham, a former member of the Oklahoma State College Males’s Basketball group and a rising star who was the primary general decide within the 2021 NBA Draft.
As a part of the partnership, BlockFi will present Cunningham with a signing bonus paid instantly in Bitcoin into his BlockFi account. As well as, Cunningham will collaborate with BlockFi on instructional movies, promotional giveaways, unique interviews, and different efforts to boost consciousness concerning the worth of cryptocurrencies.
As he prepares to start his skilled basketball profession, Cunningham is very centered on accountable cash administration, long-term planning, and portfolio diversification – values which are on the core of BlockFi’s mission.
“I am excited to accomplice with BlockFi to actually diversify my portfolio and handle my crypto belongings; particularly as they change into extra essential in private finance,” mentioned Cunningham. “For me, it isn’t nearly establishing myself for monetary success long-term but in addition to coach future generations on monetary wellness.”
Cunningham can even spotlight crypto’s function in monetary inclusivity and the way it may help these with out entry to conventional banking, financial savings, and funding merchandise.
“In communities throughout the U.S. and world wide, many hardworking individuals nonetheless do not have entry to cost-efficient, dependable choices to save lots of and make investments. What me in cryptocurrencies, and BlockFi particularly, was their ease of use, democratic and consensus underpinnings, and talent to evolve over time to fulfill the altering wants of monetary shoppers, myself included,” Cunningham added.
BlockFi has made training and elevated entry to monetary merchandise a core a part of its mission, and the corporate will work with Cunningham to unfold its message via movies, occasions, and unique presents to followers.
“Anybody who watched a minute of Cade’s profession so far is aware of he’s the way forward for basketball. What excites us is his curiosity in and dedication to cryptocurrencies, which we imagine are the way forward for finance,” mentioned Zac Prince, CEO & Co-Founding father of BlockFi. “Cade is utilizing his platform to coach basketball followers concerning the significance and potential of cryptocurrencies. That needs to be lauded, and BlockFi will assist him each step of the way in which.”
BlockFi is a brand new breed of monetary companies firm. Based in 2017 by Zac Prince and Flori Marquez, BlockFi is constructing a bridge between cryptocurrencies and conventional monetary and wealth administration merchandise to advance the general digital asset ecosystem for particular person and institutional traders. BlockFi’s platform manages greater than $15 billion in belongings and has generated over $200 million in curiosity for purchasers. The corporate, headquartered in New Jersey with places of work across the globe, continues to broaden its presence in the USA and internationally.
Nothing contained on this announcement needs to be construed as a solicitation of a suggestion to purchase or supply, or suggestion, to accumulate or get rid of any safety, commodity, funding or to interact in some other transaction. The knowledge offered on this announcement is just not supposed for distribution to, or use by, any particular person or entity in any jurisdiction or nation the place such distribution or use could be opposite to legislation or regulation. This announcement is just not directed to any particular person in any jurisdiction the place the publication or availability of the announcement is prohibited, by purpose of that particular person’s nationality, residence or in any other case.
Neither BlockFi nor any of its associates or representatives present authorized, tax or accounting recommendation. It’s best to seek the advice of your authorized and/or tax advisors earlier than making any monetary selections.
Digital foreign money is just not authorized tender, is just not backed by the federal government, and crypto curiosity accounts aren’t topic to FDIC or SIPC protections. Be taught extra at BlockFi.com.
BlockFi Lending LLC NMLS ID#1737520 | BlockFi Buying and selling LLC NMLS ID#1873137
Media Contact for BlockFi
Ryan Dicovitsky/Ellie Johnson
Dukas Linden Public Relations
Media Contact for Cade Cunningham
Excel Sports activities Administration