People familiar with the matter said the deal between FTX and BlockFi could expand.
Major cryptocurrency exchange FTX is looking to purchase a stake in struggling digital asset lender BlockFi, shortly after the latter received a $250 million revolving credit from the SBF-spearheaded company.by the Wall Street Journal, anonymous sources revealed that talks between FTX and BlockFi were still ongoing, and no decision has been made.by CryptoPotato, BlockFi CEO Zac Prince revealed that the crypto lender took a revolving credit worth $250 million from Sam Bankman-Fried’s FTX.
“This agreement also unlocks future collaboration and innovation between BlockFi & FTX as we work to accelerate prosperity worldwide through crypto financial services. This is a significant step forward in our commitment to the strength and accessibility of crypto markets.”
France Dernières Nouvelles, France Actualités
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