Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee



Posted July 19, 2021


Yet another New York-based company is moving to the Magic City.

BlockTower Capital, an investment firm focused on cryptocurrency and blockchain technology, relocated its headquarters to Miami, the company announced.

All employees have relocated, and the company plans to hire new employees in Miami.

The company’s headquarters will be in Brickell, Miami Downtown Development Authority board member Philippe Houdard said in prepared remarks. But it remains unclear which building will house the company’s new base. Houdard could not be reached for comment, while representatives for the company did not respond.

Founded in 2017, BlockTower manages capital for billionaire Marc Lasry and Union Square Ventures, which invested in fintech juggernaut Stripe as well as Twitter.

The company attributed the move to the city’s welcoming regulatory environment and Miami Mayor Francis Suarez’s efforts. Suarez has lobbied to attract emerging startups and wealthy tech firms, and voiced his endorsement of financial regulations for cryptocurrency.


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