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Last updated: June 18, 2025, 09:53  |  Written by: Brian Kelly

Machine Learning Algorithm
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Sam Bankman

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

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 gives BlockFi $400M credit facility; has option to

Ftx

FTX agrees deal with option to buy BlockFi for up to

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

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

In A Friday Twitter Thread

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 Agrees Deal With BlockFi With Option to Acquire for $240

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

Cryptocurrency Exchange Ftx Has Struck

BlockFi announces deal with FTX US, including 'option

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 Reaches Deal To Acquire BlockFi for up to $240M

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