Day: July 1, 2022

Jul 01
FTX nears deal to acquire BlockFi for $25 million, reports say

Digital asset exchange FTX is nearing a deal to acquire crypto lender BlockFi for $25 million, or a 99% discount to its most recent private-market valuation, according to a report in CNBC. The deal could take months to close, according to the report, but a term sheet could be signed by the end of this […]