blockfi receives helping hand from ftx amid market volatility

Last updated: June 8, 2025, 17:09

blockfi receives helping hand from ftx amid market volatility

BlockFi has signed a term sheet with FTX crypto exchange to secure a $250 million revolving credit facility. A revolving credit facility is a type of credit that enables you to

Crypto lender BlockFi Inc. is preparing for possible bankruptcy filings after halting customer withdrawals as it acknowledged “significant exposure” to bankrupt

The $250 million credit for BlockFi comes at a time when the latest market crash has forced many crypto companies to reduce their workforces and transform business models to adapt to the recent

BlockFi Inks $250M Credit Deal With FTX To Ease Liquidity Fears

Crypto lender BlockFi faces possible failure amid FTX collapse, WSJ

Crypto exchange FTX continues to stay busy amid the crypto market downturn, revealing on Tuesday that it has agreed to support BlockFi with a $250 million revolving line of

FTX has signed a deal with BlockFi that includes an option for the cryptocurrency exchange to buy the lending platform for up to $240mn, as digital asset firms grapple with the

FTX agrees deal with option to buy BlockFi for up to $240mn

BlockFi secures $250 million bailout from FTX

BlockFi Receives Helping Hand From FTX Amid Market Volatility

FTX reaches settlement with BlockFi, may pay up to $874 million

Crypto exchange BlockFi secures $250M credit from FTX amid bear

Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2025, with FTX agreeing to pay BlockFi up to $874

The FTX CEO asserts that the Federal Reserve is responsible for the shocking decline in cryptocurrency prices as the sector experiences one of its most dramatic collapses.

The $250 million in revolving credit from FTX is expected to keep the lender afloat as it works to improve its solvency issues. FTX CEO Sam Bankman-Fried later tweeted that

BlockFi secures $250 mln credit from FTX amid bear market blues