PANews reported on July 18 that according to official news, BlockFi announced that it will start the first temporary distribution of crypto assets through Coinbase in July. Asset allocation will be processed in batches in the next few months, and eligible customers will receive email notifications from BlockFi accounts. Due to regulatory requirements, non-US customers are currently unable to receive funds. According to previous news, BlockFi closed and stopped withdrawals in May this year. Assets that failed to be withdrawn in time will not be liquidated into cash, but will be funded in kind. Coinbase will serve as a partner to support its customers' cryptocurrency withdrawals.