Crypto loan firm BlockFi will receive a $250 million loan from FTX.
BlockFi will receive a $250 million loan from FTX, one of the leading crypto asset trading platforms. In a statement made by the company on the subject, he said that the agreement supports balance sheets and platform strength.
The development was announced by BlockFi CEO Zac Prince on Twitter on Tuesday. “Today, BlockFi signed a preliminary contract with FTX for a $250 million loan that gives us access to capital that further strengthens our balance sheet and platform strength,” said Prince.
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