FTX Reaches Deal To Acquire BlockFi for up to $240M

BlockFi announces deal with FTX US, including 'option

FTX Agrees Deal With BlockFi With Option to Acquire for $240

Sam Bankman

FTX agrees deal with option to buy BlockFi for up to

Sam Bankman-Fried’s cryptocurrency exchange FTX has inked a deal with troubled crypto lender BlockFi with the option to acquire for up to $240 million. The “definitive

FTX Strikes Deal With Option to Buy Crypto Lender BlockFi for Up

Cryptocurrency exchange FTX has struck

FTX on Thursday closed an anticipated deal with BlockFi to acquire the troubled crypto lender for up to $240 million, depending on the startup’s performance triggers.

Cryptocurrency exchange FTX has struck a deal that gives it an option to buy troubled crypto lender BlockFi Inc. for as much as $240 million, BlockFi said Friday, as firms

FTX gives BlockFi $400M credit facility; has option to

FTX

BlockFi Will Be Acquired by FTX.US for Up to $240M

In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lending firm had signed agreements with FTX US for a $400-million revolving credit facility as well as the

FTX.US is buying BlockFi for $240 million, Zac Prince has announced. The crypto lender will also receive $400 million in credit.