Centralized lender BlockFi announced that eligible BlockFi clients will be able to access crypto withdrawals via Coinbase after the firm shuts down its web platform.

This engagement with Coinbase ensures continuity in crypto withdrawals for those holding BlockFi accounts following the closure of the initial withdrawal window for eligible estate funds on the platform.

"BlockFi is pleased to announce that we have engaged Coinbase as our distribution partner to ensure continuity of crypto withdrawals available to our eligible BlockFi Interest Account (BIA), Retail Loan, and Private Clients," the firm stated.

The BlockFi web platform will shut down this month, it added.

The firm clarified that clients who missed the April 28 deadline for withdrawals and the May 10 deadline for …