A report in Cointelegraph said that FTX, the crypto-derivatives exchange, had acquired Blockfolio, the digital-asset portfolio-management service. The post was almost immediately deleted, drawing the attention of Ouriel Ohayon, CEO of the ZenGo crypto wallet.
Link is dead but shows in @feedly
first CMC (Binance) , then Delta (eTORO) second Blockfolio (FTX) pic.twitter.com/skn4aX8ZZo— Ouriel Ohayon (@OurielOhayon) August 25, 2020
According to the deleted post, the deal was valued at $150 million. A copy of the post is available at the link.
Head of Sino Global Capital, Matthew Graham, suggested that this acquisition would be announced again soon. It is likely that this involved a breach of the embargo on publishing the news before a specified time.
Deleting a few tweets until tomorrow when you’ll see them again 🙂
— Matthew Graham (@mattysino) August 25, 2020
Update: the information has been confirmed.
We are excited to share our story in the thread below
We are excited to share the news that @blockfolio is joining the FTX family
and we are excited for what the future holds for FTX https://t.co/WRpWiblWeH
— FTX — Built By Traders, For Traders (@FTX_Official) August 25, 2020
Earlier, the bitcoin exchange Binance acquired the analytics service CoinMarketCap.
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