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3232Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
https://www.digit.info/blockfi-ceo-says-ftx-has-an-option-to-acquire-crypto-lender-at-a-price-of-up-to-240m/
Sun, 03 Jul 2022 15:30:26 +0000https://www.digit.info/2022/07/03/blockfi-ceo-says-ftx-has-an-option-to-acquire-crypto-lender-at-a-price-of-up-to-240m/Read more]]>According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up […]
]]>Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
https://www.digit.info/crypto-lender-blockfi-secures-250-million-line-of-credit-from-ftx-ceo-says-capital-will-bolster-its-balance-sheet/
Tue, 21 Jun 2022 19:30:53 +0000https://www.digit.info/2022/06/21/crypto-lender-blockfi-secures-250-million-line-of-credit-from-ftx-ceo-says-capital-will-bolster-its-balance-sheet/Read more]]>The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up […]
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]