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CoinGape
2022-06-21 12:53:28

Breaking: Crypto Lender BlockFi Gains $250 Mln Credit Line From FTX

Breaking: Crypto Lender BlockFi Gains $250 Mln Credit Line From FTX

Crypto lender BlockFi said on Tuesday that it has signed a deal with crypto exchange FTX for a $250 million revolving credit facility. The credit line will be used by BlockFi to meet its obligations with client balances, and will be “used as needed,” CEO Zac Prince said in a Twitter thread. The deal comes The post Breaking: Crypto Lender BlockFi Gains $250 Mln Credit Line From FTX appeared first on CoinGape.

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