BlockFi Yield For Accredited Investors Is About To Launch At The End Of 2022

By the end of 2022, BlockFi’s U.S. clients who have been verified as accredited investors will have access to BlockFi Yield, an interest-bearing digital asset account.

BlockFi, a worldwide digital asset financial services provider, announced today that accredited investors in the United States could earn income on digital assets through BlockFi Yield. This option will initially be accessible in beta to specific BlockFi subscribers in the United States by the end of 2022 and then to all US clients at the beginning of 2023.

Clients in the United States who have been verified as accredited investors and are interested in earning interest on digital assets can benefit from the BlockFi platform’s appealing features, which include:

• Interest rates for digital assets that are competitive
• 15 digital items are available to each user.
• The ability to trade while earning interest on digital assets
• There is no minimum investment.

Currently, the team is working hard to register with the SEC for a public offering of BlockFi Yield that will not require accredited investor status.

BlockFi also claimed that the Yield is “Phase 1” in guaranteeing that all Americans can earn income on their digital assets. Beta testing will begin in the coming weeks, followed by a larger rollout to all qualified US consumers this winter.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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