FTX may be planning to purchase a stake in BlockFi: Report

by Aurelia Butler 24 June 2022, 21:20 189 Views

According to a Friday report from the Wall Street Journal, FTX is currently in discussions with BlockFi regarding the crypto exchange purchasing a stake in the firm, but no equity agreement has been reached. The reported ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.

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Source: Cryptocurrency - investing.com

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FTX may be planning to purchase a stake in BlockFi: Report

Chinese banks lend Pakistan $2.3bn to avert foreign exchange crisis

Any U.S. recession would likely be short, shallow, IMF official says

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