FTX

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

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

Sam Bankman

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

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

In a Friday Twitter thread

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

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

FTX on Thursday closed an

FTX agrees deal with option to buy BlockFi for up to

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 Reaches Deal To Acquire BlockFi for up to $240M