Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report

Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi, the Wall Street Journal reported, citing people familiar with the matter. The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million (roughly Rs. 1,955 crore) revolving…