BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who don’t want to cash out (yet) – TechCrunch

Because cryptocurrency prices are almost comically volatile owing to challenges involved in valuing them, it’s hard to know when or why to sell. Enter crypto-asset backed loans, around which a small but growing number of startups is beginning to spring up. The idea is to lend money to cryptocurrency holders who don’t want to offload…