BLOBS SCALE MORE

Last updated: June 19, 2025, 04:51  |  Written by: Elizabeth Stark

Blobs Scale More
Blobs Scale More

Ftx

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

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.

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

In A Friday Twitter Thread

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 gives BlockFi $400M credit facility; has option to

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

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

BlockFi announces deal with FTX US, including 'option

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

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

Elizabeth Stark can be reached at [email protected].

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