DavidV.TV Social ® · @DavidVTV
86 followers · 13753 posts · Server masthead.social
#INTERNATIONAL_TECH NEWS
Troubled #crypto_lender #BlockFi said Friday that it agreed to an option to be #acquired by #FTX for up to $240 #million.
CNBC on Thursday reported the base price could be as low as $25 million, compared to the $2.1 #billion that BlockFi has raised in #venture_capital funding.
The deal with FTX also #includes a $400 million #revolving_credit facility from the #crypto_exchange operator from FTX.
https://www.axios.com/2022/07/01/blockfi-to-be-acquired-ftx
Disclaimer: http://DavidVTV.com and/or it..
#crypto_exchange #revolving_credit #includes #venture_capital #billion #million #FTX #Acquired #BlockFi #crypto_lender #INTERNATIONAL_TECH