Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Jaya60 on June 25, 2022, 02:36:39 AM
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FTX, the cryptocurrency exchange led by billionaire Sam Bankman-Fried, has entered negotiations to acquire a stake in the beleaguered crypto lending firm BlockFi, according to a report today in the Wall Street Journal, citing unnamed sources.
The acquisition talks come on the heels of BlockFi's announcement earlier this week that it secured a $250 million line of credit from FTX, which the crypto industry largely recognized as a "bailout."more (https://decrypt.co/103781/ftx-acquire-stake-crypto-lender-blockfi-report)