Troubled crypto lender BlockFi said Friday that it agreed to an option to be acquired by FTX for up to $240 million.
The acquisition figure would include performance incentives, and BlockFi didn't specify how much would be an upfront payment.
The deal with FTX also includes a $400 million revolving credit facility from the crypto exchange operator from FTX.: "Outside of this transaction, we realize that there is a lot of fear, uncertainty, and doubt in the crypto markets. From our vantage point, we continue to see a healthy ecosystem on the rise."
"Crypto market volatility, particularly market events related to Celsius and 3AC, had a negative impact on BlockFi. The Celsius news on June 12th started an uptick in client withdrawals from BlockFi’s platform despite us having no exposure to them.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BREAKING: FTX Agrees to Acquire BlockFiFTX has agreed to acquire BlockFi for up to $240 million
Weiterlesen »
BlockFi Approached With Ledn-Led Funding Offer Amid FTX Acquisition Talks: Report.BlockFi has been approached by a party that includes fellow crypto lender hodlwithLedn in addition to its buyout offer of $25 million from FTXOfficial. JamieCrawleyCD reports.
Weiterlesen »
FTX Is Buying Fallen Unicorn BlockFi for Mere Pennies: ReportFTX is reportedly buying troubled crypto lender BlockFi at a dirt-cheap price
Weiterlesen »
FTX seeks to acquire troubled crypto lender BlockFi: sourcesCrypto exchange operator FTX is planning to acquire troubled crypto lender BlockFi outright, The Block has learned.
Weiterlesen »
FTX Rows Back on Reports That It's Looking to Buy Robinhood | CoinMarketCapSam Bankman-Fried has dialed down speculation that FTX is looking to acquire Robinhood. But a statement from Sam says: 'We are excited about Robinhood's business prospects and potential ways we could partner with them.' 👀
Weiterlesen »
FTX walked away from a deal with Celsius after seeing state of its financesFTX looked at making a deal with troubled crypto lender Celsius but ultimately walked away from it, sources tell The Block.
Weiterlesen »