Susquehanna-backed crypto lender BlockFills has halted withdrawals and restricted trading on its platform, underscoring the strength of the recent tremors that have shaken the digital asset market.
The Chicago-based company, which in 2025 handled $60bn in trading volumes, has suspended client deposits and withdrawals as the price of bitcoin and other crypto assets has swung in recent days. The suspension was put in place last week but remains in effect, BlockFills told the FT.
BlockFills acts as a liquidity provider and lender to about 2,000 institutional clients, including crypto-focused hedge funds and asset managers, according to its website. Its options products are only available to investors with digital currency holdings of $10mn or more.