Sunday, December 10, 2023

According to a Blockfi executive, crypto FOMO will be a huge investment driver, with regulatory clarity expected in 2022.

The co-founder and senior vice president of Blockfi, Flori Marquez, talks about the future plan of cryptocurrency in 2022. On Friday, Flori has an interview with Yahoo Finance. Blockfi was created in 2017 with a motive to make financial credit services to its customer with certain limited access to financial assets. The crypto-centered monetary administration firm has institutional sponsorship from financial backers, including Valar Ventures, Akuna Capital, Sofi, Galaxy Digital, Fidelity, and Coinbase Ventures.

Floki began mentioning how 2021 proceeded to be a successful year for their company. She acknowledged the fact that the cost of bitcoin has plunged marginally, and she mentioned the achievements made by Bitcoin so far. She gave an instance when Bitcoin returned at a higher rate of over 112%. Also, she gave a comparative study between Bitcoin, gold, and S&P. According to her, the price of Gold and S&P is dipping at the rate of 4% and 24%, respectively.

The future outlook for cryptocurrency

In an interview, she discussed the plan for 2022 and gave the example of Blockfi Floki. She commented how the number of clients went from 10,000 to 500,000 in three years. According to her, there will be more progress in 2022 as a number of US consumers will enter the space. Also, there will get employment in this field with certain regulatory clarity. She made a clear statement regarding regulatory clarity as certain changes are made in this direction. Along with focusing on consumer protection, they have made innovations keeping in mind the US audience.

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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