Crypto exchange FTX in discussion to acquire stake in BlockFi
20 Articles
20 Articles
Crypto exchange FTX in discussion to acquire stake in BlockFi: report
The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million revolving credit facility, which will give BlockFi crucial access to capital amid a rout in the digital currency market.
Crypto exchange FTX in discussion to acquire stake in BlockFi
Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi, the Wall Street Journal reported, citing people familiar with the matter. The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million revolving credit facility, which
Crypto billionaire Sam Bankman-Fried's FTX in talks to acquire stake in struggling lender BlockFi, report says
Days after extending a $250 million line of credit to BlockFi, FTX is in talks to deepen its financial ties in the crypto lender by taking a stake, the Wall Street Journal reports.
Coverage Details
Bias Distribution
- 83% of the sources are Center
To view factuality data please Upgrade to Premium