FTX Closes In On Acquiring BlockFi For Mere $25 million
Weeks after FTX billionaire CEO gave out a $250 million credit facility to BlockFi, the crypto exchange is reportedly close to acquiring beleaguered BlockFi for a mere…
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FTX Agrees to Acquire BlockFi
Alex Dovbnya FTX has agreed to acquire BlockFi for up to $240 million Cryptocurrency giant FTX.US has agreed to acquire embattled lender BlockFi for up to $240 million,…
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BlockFi, FTX Agree to $680M Credit Deal and Acquisition Terms
Cryptocurrency lending company BlockFi announced on Friday that it has reached an agreement with FTX US, the U.S. division of the crypto exchange led by billionaire Sam…
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FTX US deal with troubled crypto lender BlockFi floats acquisition with ‘up to’ $240M purchase price – TechCrunch
Sam Bankman-Fried’s FTX is taking advantage of rampant instability in the crypto lending market to assert itself while propping up major institutions. The company’s US-based arm has…
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Toronto-based Crypto Lender Floats Funding, Equity Support to BlockFi: Report
Crypto lender BlockFi, among those hit badly by the ongoing liquidity crisis in crypto lending, has been offered substantial financial support by rival Ledn, according to a…
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BlockFi Approached With Ledn-Led Funding Offer Amid FTX Acquisition Talks: Report
Where FTX’s reported offer is for a full acquisition, Ledn’s involves a fresh funding round, according to the report, which cited people with knowledge of the matter….
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El exchange FTX está cerca de comprar BlockFi por solo $25 millones
En respuesta a las publicaciones, el CEO de BlockFi Zac Prince publicó un tweet diciendo “puedo confirmar en un 100% que no se venderá por $25M”. Y…
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Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal
Troubled crypto lender BlockFi has reportedly received a new proposal for its acquisition, said three sources familiar with the matter. This time the proposal has come from…
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FTX on the verge of purchasing BlockFi in $25M fire sale: Report
Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi’s remaining assets for $25 million, according to CNBC. According to sources close to the matter, BlockFi’s…
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BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M
Acquisition talks between BlockFi and FTX may be nearing an end. Unnamed sources told CNBC on Thursday that CEO Sam Bankman-Fried’s FTX cryptocurrency exchange could pay about…
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