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The Great Repricing Comes to Crypto

The Breakdown

00:00

Block Fi's Up Rounds Are Coming to Cryptocurrency

Block fie is in the process of closing what's known as a down round, where funds are raised at a lower valuation compared to previous raises. That five million dollar round was halted by serious legal battles coming to block fie's front door. Still, we don't know about all of the internals, and how much this has to do with the legal troubles versus just the general market conditions changing.

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