Currently we offer support for personal cryptocurrency wallets, interest accounts and business cryptocurrency interest accounts. Personal accounts must successfully complete KYC in order for the account to be approved.
Business accounts require additional documentation during the sign-up process. Please see below for types of legal entities that we can offer business accounts to and examples of documents we accept. If the type of legal entity is not listed below, we unfortunately do not offer support for that entity type at this time.
NOTE: Documentation may vary by region, this is not an exhaustive list of all acceptable documents. Documentation must confirm the existence of the entity and be stamped or signed by the entity’s governing body. No stamp or signature is required for trust structures. Additionally, we may request additional information and documentation during the onboarding process.
| Legal Entity Type | Who must complete KYC | Suggested Documentation |
|---|---|---|
|
Sole Proprietor |
The individual who formed the business |
Sole Proprietor Doing business As (“DBA”) Registration, Fictitious Name Registration, Business License |
|
General Partnership |
All individuals who ultimately own 25% or more of the business |
General Partnership agreement, Doing Business As (“DBA”) Registration, Fictitious Name Registration, Business License |
|
Limited Partnership |
All individuals who ultimately own 25% or more of the business |
Limited Partnership Agreement, Articles of Formation, Certificate of Organization, Articles of Organization |
|
Limited Liability Partnership |
All individuals who ultimately own 25% or more of the business |
Limited Liability Partnership Agreement, Articles of Formation, Certificate of Organization, Articles of Organization |
|
Limited Liability Company |
All individuals who ultimately own 25% or more of the business |
Articles of Formation, Certificate of Organization, Articles of Organization |
|
Corporation |
All individuals who ultimately own 25% or more of the business |
Articles of Incorporation |
|
Trust Account |
All trustees of the trust. If the trust is revocable, then all grantors must complete KYC as well |
Trust Agreement |
|
Self-Directed IRA |
All individuals who ultimately own 25% or more of the holding company |
Articles of Formation for company that holds the SDIRA and proof of ownership of the SDIRA |
The BlockFi Interest Accounts have not been registered under the Securities Act and may not be offered or sold in the United States, to U.S. persons, for the account or benefit of a U.S. person or in any jurisdiction in which such offer would be prohibited.