What was the amount of investment made by BlackRock in FTX?

3 answers

• Dec 16, 2021 · 3 years ago
  BlackRock made a significant investment in FTX, although the exact amount has not been disclosed. This investment is a testament to the growing interest of institutional investors in the cryptocurrency market. It also highlights the potential of FTX as a leading cryptocurrency exchange, attracting the attention of major players like BlackRock. The investment is expected to bring more credibility and legitimacy to the cryptocurrency industry as a whole.
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• Dec 16, 2021 · 3 years ago
  The investment made by BlackRock in FTX is rumored to be in the range of several hundred million dollars. While the exact amount remains undisclosed, this investment showcases the confidence that BlackRock has in FTX and the cryptocurrency market. It also signifies the increasing acceptance and adoption of cryptocurrencies by traditional financial institutions. This investment is likely to have a positive impact on the growth and development of FTX, as well as the overall cryptocurrency ecosystem.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, has been involved in facilitating the investment made by BlackRock in FTX. While the exact amount of the investment has not been disclosed, this partnership between BlackRock and FTX signifies the growing interest of institutional investors in the cryptocurrency market. It also highlights the potential of FTX as a reliable and secure platform for trading cryptocurrencies. This investment is expected to attract more institutional investors to the cryptocurrency space and contribute to the further development of the industry.
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