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The cryptocurrency landscape is shifting rapidly, with massive volatility in the markets and the stability of exchanges and investments in question. While it was easy enough for individuals to buy into the market while conditions were good, it is now quite difficult to exit without taking severe losses. Deblock was founded to offer a solution, allowing crypto-rich individuals to cash out of the market.
Still in stealth, it remains to be seen how Deblock will achieve this, but its founders are cryptocurrency and banking professionals, including the former Head of Crypto and the former Chief of Operations at Revolut. Although it is difficult to see where cryptocurrency will settle in the future it seems likely that a service allowing crypto holders to off-ramp from the market will be valued under any conditions.
Deblock has attracted funding and is working towards regulatory approval in France as well as hiring additional talent before its public launch. Over time it is aiming to operate across Europe. If it is able to take advantage of extremely volatile market conditions it could grow to become a significant business in the crypto sector.
Kirsty
Company Specialist at Welcome to the Jungle
Jean Meyer
(Co-founder & CEO)Previously the Founder & CEO of Wanted until its acquisition by Revolut. Continued on as Product Lead and Head of Crypto with Revolut before co-founding Deblock.
Adriana Restrepo
(Co-founder)Previously the Head of People Operations and COO at Revolut. Before that was Organizational Effectiveness Lead at Barclays.
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