Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
Crypto news and data provider The Block today said Singapore-based fund Foresight Ventures had completed an acquisition of the majority of its shares, CEO Larry Cermak said in an X post. The raise was completed at a $70 million valuation and the company plans to “build out new exciting products”…
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