BlockFi Investor Conference Presentation Deck
The FTX Rescue Transaction
The Deal
FTX offers to essentially backstop BlockFi's
client withdrawals.
1. FTX US committed to loan up to $400
million notional amount of
cryptocurrencies to BlockFi on a junior
basis to BlockFi's obligations to its clients.
2. FTX US received an option to acquire
BlockFi, which FTX would have been
permitted to exercise as early as July
2023.
The FTX transaction was
widely supported by
BlockFi's shareholders, who
voted 89% in favor of the
transaction.
Blog Post
By Dove Michaels February
FINANCE
FTX Extends $25
BlockFi said the crypto e
its balance sheet.
By Paul Vigna June 21
BlockFi Signs Landmark
Term Sheet with FTX
DEALS
FTX Strikes I
Million
The accord with bi
for BlockFi as crys
Read Now
Appeared in the 2
FINANCE
Crypto E
Sam Bankm
million cred
Appened i
BlockFi
BlockFi Signs a Landmark
Term Sheet with FTX to
Provide a $250 Million
Credit Facility
JUNE 21, 2022
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NANCIAL TIMES
RK & CAREERS LIFE & ARTS HTSI
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Deadly
Conspiracy
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