Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet

Posted on June 21, 2022
In Balance Sheet, BlockFi, Blockfi lender, Cease and Desist, Celsius, Credit Line, Crypto Lenders, crypto lending firms, Fine, Flori Marquez, ftx, FTX collaboration, FTX credit line, News, platform strength, revolving credit line, sec, SEC Fine, Zac Prince

The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]
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