BlockFills, a Chicago-based cryptocurrency lending platform backed by Susquehanna Private Equity Investments, has halted client withdrawals and deposits as recent market volatility pressures institutional crypto services, the Financial Times reported.

The company, which handled $60 billion in trading volumes in 2025, suspended client fund movements last week and the restrictions remain in place, according to the FT. BlockFills told the newspaper that clients can continue trading to open and close positions in spot and derivatives markets.

“In light of recent market and financial conditions, and to further the protection of clients and the firm, BlockFills took the action last week of temporarily suspending client deposits and…