Goldfinch price

GFI

#491

Goldfinch (GFI), and its core product Goldfinch Prime, are built on Base, a leading Ethereum L2. The protocol is designed to make accessing the world’s best credit funds as simple and easy as possible. Beyond Ethereum, Goldfinch uses industry standard technologies such as React, Node, Typescript, MongoDB, etc.

The Ethereum blockchain, known for its robust security and decentralized nature, underpins Goldfinch's operations. Ethereum employs a proof-of-stake consensus mechanism, which helps secure the network against attacks. Validators are chosen to create new blocks and confirm transactions based on the amount of cryptocurrency they hold and are willing to "stake" as collateral. This system makes it economically unfeasible for bad actors to compromise the network, as they would need to control a significant portion of the total staked assets.

The governance of Goldfinch is managed through its native token, GFI. Token holders can participate in the decision-making process, influencing the protocol's development and future direction. This decentralized governance model ensures that the community has a say in the platform's evolution, aligning the interests of all stakeholders.

Goldfinch (GFI) is bringing the world’s largest and best private credit managers onchain. Goldfinch’s flagship product, Goldfinch Prime, enables exposure to the world’s best private credit funds, like Ares, Apollo, KKR, and more who collectively manage over $1T. Through the power of stablecoins and the blockchain, Goldfinch expands access to these funds to nearly anyone around the world, at low cost.

Thus, the key real world application of Goldfinch is investing and earning yield on high quality private credit, just like the world’s largest institutional asset managers have been doing for decades. This is a great use case for anyone, though especially good for those outside the US, where it is even harder to access these managers.

Said another way, Goldfinch Prime is an excellent place to invest stablecoins with high quality yield that is uncorrelated from the volatility of crypto.

Goldfinch (GFI) was founded in July 2020, raising a pre-seed round from Kindred Ventures and Coinbase Ventures, as well as IDEO CoLab and others. In early 2021, they announced they had 3 borrowers and TVL was at ~$1M. In July they opened the product publicly, and by the end of the year, they had increased TVL to ~$30M.

They also raised two separate rounds, led by a16z during 2021.

In early 2022, they launched the GFI token, and TVL continued to climb to over $100M. Despite the pullback in DeFi markets generally throughout 2022, Goldfinch’s real world loans meant they sustained TVL while most others fell precipitously

In 2024, Heron Finance, a separate company, began using Goldfinch infrastructure to create an onchain roboadvisor.

In early 2025, Goldfinch released Goldfinch Prime, which marked a new chapter, where Goldfinch moved beyond emerging market lending and started offering truly world class private credit from the best fund managers in the world, who collectively manage over $1T of assets. These are funds like Ares, Apollo, Golub, and more.