Nexo made an acquisition offer of $850 million to BlockFi in July
ChainCatcher news, according to an indicative investment proposal document obtained from The Block, cryptocurrency lending platform Nexo made an $850 million acquisition offer to competitor BlockFi in July, when BlockFi was facing financial difficulties and had signed a non-binding agreement with FTX.US.
According to the document, the deal included $30 million for acquiring a 51% stake in BlockFi and a $500 million credit line. (source link)
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