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#CourtPermission

Court asked to allow BlockFi to convert trade-only assets to stablecoins.

August 30, 2023

Court asked to allow BlockFi to convert trade-only assets to stablecoins.

BlockFi is seeking to convert trade-only assets into stablecoins, according to a court filing. The company is asking a federal court to approve the move, which could provide more liquidity to digital asset holders.