Crypto Exchange FTX Extends $250M Line of Credit to Lender BlockFi


Crypto exchange FTX has extended a $250 million revolving line of credit to crypto lender BlockFi.

BlockFi Co-Founder and CEO Zac Prince said via Twitter on Tuesday that the companies had signed a term sheet, « giving us access to capital that further strengthens our balance sheet and the strength of our platform. »


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