FTX US Closing In on $240,000,000 Deal To Buy Crypto Lending Platform BlockFi

FTX US Closing In on $240,000,000 Deal To Buy Crypto Lending Platform BlockFi


The Daily Hodl
2022-07-01 20:32:16

FTX US is close to acquiring US-based lending platform BlockFi in a deal worth hundreds of millions of dollars. According to BlockFi CEO Zac Prince, pending shareholder approval, the lending platform has reached an agreement with FTX US for a $400 million revolving credit facility plus an option to acquire BlockFi at a variable price […]The post FTX US Closing In on $240,000,000 Deal To Buy Crypto Lending Platform BlockFi appeared first on The Daily Hodl.