avatar

BlockFi Secures $250 Million Credit Facility from FTX

Zac Prince, CEO of crypto-lending platform BlockFi, tweeted that BlockFi signed a term sheet with FTX to secure a $250M revolving credit facility providing them with access to capital that further bolsters their balance sheet and platform strength.
Source

FTX

Lending

DeFi

In This Article

Related News
Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
2 Hours Ago Daily Market Wrap | Aug. 21
1 Day Ago Daily Market Wrap | Aug. 20
2 Days Ago Daily Market Wrap | Aug. 19
3 Days Ago Daily Market Wrap | Aug. 18
6 Days Ago Daily Market Wrap | Aug. 15

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open