Encrypted asset lender BlockFi gets new Galaxy Digital participate, Fidelity and financing.

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Blockchain lender BlockFi received a new investment of $4 million, led by Akuna Capital, in the form of convertible bonds. The company completed a $52.5 million financing in July, led by Galaxy Digital. BlockFi aims to provide loans to individuals and companies using Bitcoin and Ethernet Square assets as collateral. Fidelity’s Devonshire Investors, Galaxy Digital, Morgan Creek Digital and Susquehanna participated in this round of new investment.