Cryptocurrency exchange FTX has provided BlockFi with a $250 million revolving line of credit.

Earlier we wrote that the CEO of the exchange wants to participate in the recovery of the cryptocurrency market. As it turned out, Sam Bankman-Fried was not used to throwing words into the wind. His exchange supported BlockFi by providing additional liquidity.

Also, according to experts, support from Alameda Research, associated with FTX, was previously received by representatives of Voyager. The amount provided was $500 million.

FTX also bought the Bitvo platform last week. As previously reported, the exchange is planning a series of mergers and acquisitions, despite the current downturn in the cryptocurrency market.

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