Published 1 year ago

Crypto exchange FTX in talks to acquire stake in BlockFi

Summary by Ground News

The Wall Street Journal reports discussions between the firms are ongoing and that no equity agreement has been reached yet. FTX agreed to provide BlockFi with a $250 million line of credit earlier this week. The Bahamas-based digital asset exchange FTX is reportedly interested in acquiring a stake in crypto lender BlockFi.

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Wall Street Journal

Crypto exchange FTX in talks to acquire stake in BlockFi

Crypto billionaire Sam Bankman -Fried and his FTX exchange is in talks to acquire a stake in crypto lender BlockFi.

1 year ago·New York, United States

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CryptoPanic

Crypto Exchange FTX Interested in Acquiring a Stake in BlockFi: Report

The Bahamas-based digital asset exchange FTX is reportedly interested in acquiring a stake in crypto lender BlockFi. The Wall Street Journal reports discussions between the firms are ongoing and that no equity agreement has been reached yet, according to anonymous sources. Earlier this week, FTX...

1 year ago

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