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Crypto exchange FTX in discussion to acquire stake in BlockFi

Summary by Reuters
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.
2 months ago

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Times of India

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.

2 months ago·Mumbai, India
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Reuters

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.

2 months ago·United Kingdom
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Channel News Asia

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

2 months ago·Singapore
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Cointelegraph

FTX may be planning to purchase a stake in BlockFi: Report

The Wall Street Journal reported FTX was in discussions with BlockFi regarding the crypto exchange purchasing a stake in the firm, but no equity agreement has been reached.

2 months ago
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Fortune

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.

2 months ago·New York, United States
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Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week

From Wall Street Journal. View the full context on Techmeme.

2 months ago
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Bias Distribution

88% of the sources are Center
Reuters
Channel News Asia
Cointelegraph
Fortune
Investing.com
Coin Desk
+2
Times of India
C 87%
13%
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