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FTX Exchange’s $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play

Cryptocurrency derivatives exchange FTX has acquired Blockfolio, the market’s leading mobile news and portfolio tracking app, for $150 million. The price was paid in cash, crypto and equity, the companies told CryptoX. Formally announced Wednesday morning in Asia, the deal is a strategic play for FTX, whose clientele consists largely of

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