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The Coin Rise 2022-06-21 17:06:44

Cryptocurrency Lender BlockFi Secures $250M Loan Bailout from FTX

Digital assets lending protocol, BlockFi has turned to FTX Derivatives Exchange for a bailout as it has secured the sum of $250 million in revolving credit to bolster its operations. Chief Executive Officer, Zac Prince made the announcement via his official Twitter account today. Prince said the new capital will be very instrumental in boosting […]The post Cryptocurrency Lender BlockFi Secures $250M Loan Bailout from FTX appeared first on Blockchain, Crypto and Stock News.

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