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BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX
21.6.2022
Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet.
The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...
BlockFi Receives $250M Credit Facility From FTX
21.6.2022
The proceeds will be used to fulfil client balances across all accounts
Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News
31.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
30.11.2021
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE)...
Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com
23.11.2021
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining...
Eldrige leads Digital Currency Group's maiden $600 million debt funding round
18.11.2021
Davidson Kempner Capital Management, Francisco Partners, and Capital Group were among the investors in Digital Currency Group's debut into the debt capital markets
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...