Sources: FTX is close to finalizing a term sheet to buy BlockFi for around $25M; BlockFi was last valued at $4.8B, per PitchBook (Kate Rooney/CNBC)

Sources: FTX is close to finalizing a term sheet to buy BlockFi for around $25M; BlockFi was last valued at $4.8B, per PitchBook (Kate Rooney/CNBC)




Kate Rooney / CNBC:

Sources: FTX is close to finalizing a term sheet to buy BlockFi for around $25M; BlockFi was last valued at $4.8B, per PitchBook  —  – Crypto exchange FTX is close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week, three sources familiar with the situation told CNBC.





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