Blockfills, a crypto lending firm backed by trading powerhouse Susquehanna, is reportedly seeking a buyer after incurring losses of approximately $75 million. The company, which has been a significant player in the crypto lending space, is exploring options to stabilize its financial position, according to sources familiar with the matter.
The losses come amid a challenging period for the crypto industry, which has seen increased volatility and regulatory scrutiny. Blockfills' search for a buyer highlights the ongoing pressures faced by crypto lenders as they navigate the evolving market landscape.
Blockfills Seeks Buyer After $75 Million Loss
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