FTX in talks to acquire BlockFi stake, Wall Street Journal reports By AdamMorganMc
FTX prepares to take a stake in BlockFi days after it agreed to a bailout, according to the Wall Street Journal.by the Wall Street Journal on Friday.earlier this week after the lending platform faced liquidity issues. At the time of the bailout, both BlockFi CEO Zac Prince and Bankman-Fried hinted at the possibility of further cooperation.© 2022 The Block Crypto, Inc.
All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Adam has been based in London for the past year, initially freelancing and working for a start-up there before beginning a fellowship at Business Insider. He covers general crypto news and markets.
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