Finblox is a defunct centralized crypto yield, staking, and trading platform that was co-founded by Peter Hoang as CEO and Dmitriy Paunin as CTO. Finblox's Twitter Score is 11 out of 1000 as of August 2026, ranking #86,003 among 483,944 tracked accounts.
Finblox launched in 2021, offering users the ability to earn rewards on Bitcoin and other crypto assets. The platform previously had backing from Sequoia Capital India, CoinFund, Dragonfly, Saison Capital, and several other investors including MSA Capital, Venturra Discovery, Ratio Ventures, and First Check Ventures. Three Arrows Capital was also a former backer, a platform counterparty, and a stablecoin borrower, having invested $3.6 million in the platform.
Finblox's collapse was directly tied to its exposure to Three Arrows Capital. The platform reportedly issued uncollateralized loans to the hedge fund and, after Three Arrows Capital defaulted, could not make good on customer deposits. In June 2022, Finblox imposed withdrawal limits and paused rewards. The platform also created the FBX token and converted some customer funds into it, prompting allegations from customers that they were not properly informed. Customers further accused the founders of fraud and operating a Ponzi scheme, allegations the founders denied. Finblox previously used Fireblocks as a custodial partner and OpenEden as a T-Bill yield partner. Finblox announced plans to shut down its services on July 7, 2025, and reportedly ceased operations on that date.
Finblox has published 3,842 posts and has 47,430 followers as of August 2026 on the platform. The account has been mentioned by 36 accounts, with 87 total mentions.
Who follows Finblox on X?
The accounts that follow Finblox include 25 founders, 11 angel investors, 40 influencers and 8 VCs. Among them are Zhu Su, Mario Nawfal, Jake Brukhman, Miles Deutscher, Size Chad and Alz.