FTX could also be planning to buy a stake in BlockFi: Report
Crypto change FTX is reportedly in talks to amass a stake in BlockFi after the corporate issued a $250 million credit score to the lending agency.
In accordance to a Friday report from the Wall Avenue Journal, FTX is presently in discussions with BlockFi relating to the crypto change buying a stake within the agency, however no fairness settlement has been reached. The reported ongoing talks adopted BlockFi signing a time period sheet with FTX to safe a $250 million revolving credit score facility on Tuesday.
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