Happy New Year from Team BlockFills!
As we enter a new year, BlockFills extends our gratitude for your continued support and trust in our team.
2024 proved to be another exciting year in the world of digital assets. The industry saw milestones including BTC and ETH spot ETF approvals and trading, the fourth BTC halving, and the US election of a pro-crypto presidential candidate that resulted in:
- – BTC hitting multiple all time highs, the highest being over $108k
- – ETH trading above $4,000 for the first time since 2022
- – SOL hitting a new all time high of $260
- – XRP break through $2, surging 23%+ in 24 hours
BlockFills also experienced a myriad of milestones of our own including:
- C-Suite Additions/Promotions
- – Amy Shelly, Chief Financial Officer
- – Dr. Demetrios Zamboglou, UAE CEO
- – Neil Van Huis, Chief Strategy Officer
- BlockFills now serves 1,700+ institutional clients across 75+ countries
- – 400+ onboards in 2024 alone
- BlockFills transacted $57.2B+ in volume this year, up 445% from 2023
- – $18.2B+ across spot (+140% from 2023)
- – $38B+ across derivatives* (+1264% from 2023)
*Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant (“ECP”) as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client.
As we enter 2025, the BlockFills team looks forward to what is sure to be another impressive year with a few updates from BlockFills:
- Global Update: We look forward to fully opening UK and EU offices and continuing expansion in the UAE, Brazil, and Cayman Islands
BlockFills has begun the license application process to establish a Dubai office, and is working towards meeting all the regulatory requirements so we continue to build a world-class team, expand our global infrastructure and serve clients across time zones - Expanded Strategic Partnerships: BlockFills is excited to announce numerous strategic partnerships that will expand our product suite and global reach
- Increased Compliance: BlockFills demonstrates highest level of service controls in digital assets with SOC2 audit
2024 Highlights:
- FIA Membership
- – BlockFills announced membership with the Futures Industry Association (FIA)
- Chicago Blackhawks Partnership
- – Celebrated our third season as Century Collective partners of the Chicago Blackhawks
- NCFX Integration
- – Integrated NCFX’s market-neutral data and analytics into BlockFills’ offerings
- WebSocket API
- – Introduced WebSocket connection for crypto natives who are familiar with CEXs and other venues that have not yet made available more traditionally utilized APIs
- Solana Ecosystem Expansion
- – Began offering qualified* institutional clients market access to an entire ecosystem of Solana-based products
- *Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant (“ECP”) as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client.
- – Began offering qualified* institutional clients market access to an entire ecosystem of Solana-based products
- Institutional DeFi Offering
- – Announced DeFi offering, providing institutions with a secure, efficient, and professional gateway to the world of decentralized trading
- Payments Market Expansion
- – Announced broad launch of a new service for enterprise payments companies and FinTechs to securely and efficiently process transactions between crypto and fiat
We thank you for your continued support, partnership, and business. Wishing you and your family a happy and healthy 2025!