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Derivatives Exchange FTX Purchased Blockfolio For $150 Million

Derivatives exchange FTX has just purchased Blockfolio for $150 million and will now use its tracker to give its users an idea of crypto direction on the market. FTZ wants to launch a retail product with Blockfolio soon so let’s find out in today’s crypto news. The Hong Kong-based cryptocurrency derivatives exchange FTX announced the acquisition of the crypto portfolio tracker Blockfolio for $150 million. FTX plans to collaborate with Blockfolio on a retail trading application that is supposed to be launched this fall. This is one of the biggest crypto acquisitions on the crypto space while Binance’s acquisition of…

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