Read “FTX Paid for Blockfolio Deal Mostly in FTT Token It Invented” on SmartNews: https://l.smartnews.com/WqmCt/ITQFUm
FTX paid roughly $84 million in 2020 to take a majority stake in Blockfolio, in what was then among the largest crypto acquisitions. About 94% was paid in FTT tokens, a cryptocurrency that FTX created, according to documents reviewed by Bloomberg.
OH YEAH, THIS SHIT HAPPENED… IT’S MAGICAL AMAZEMENT LIKE FBI AND TWITTER RELATIVITY…
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