BlockFi announces deal with FTX US, including 'option to acquire' for $240M - Cointelegraph

Zac Prince, the chief executive officers of BlockFi, said the crypto lending firm had signed agreements with FTX US for a $400-million revolving credit facility as well as the option to acquire BlockFi “at a variable price of up to $240 million based on perfo…

FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lendin… [+2223 chars]

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