Post by: newshunter on July 03, 2022, 07:01:11 PM
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021.
Source: BlockFi announces deal with FTX US, including 'option to acquire' for $240M (https://cointelegraph.com/news/blockfi-announces-deal-with-ftx-us-including-option-to-acquire-for-240m)
Would appreciate your opinion about this