Sam Bankman-Fried's FTX in talks to invest in crypto lender BlockFi - WSJ

FTX, a cryptocurrency exchange founded by billionaire Sam Bankman-Fried, is exploring taking a stake in crypto lender BlockFi, people familiar with the matter told the Wall Street Journal on Friday. The crypto firms have not reached an equity agreement, the WSJ reported, citing the people with knowledge on the discussions. The potential move comes shortly after FTX bailed out BlockFi with a $250M line of credit amid a broader liquidity crunch. In addition, Alameda Research, Bankman-Fried's quant trading shop, has taken a big stake in crypto broker Voyager Digital (OTCQX:VYGVF), the WSJ noted. That followed Alameda's move earlier in June to extend two credit lines in the form of cash, stablecoins and bitcoin (BTC-USD) to Voyager. Specifically, Alameda in May had bought a $35M stake in Canadian-based Voyager Digital (OTCQX:VYGVF), the WSJ said, adding that it paid $2.34 per share to acquire 14.96M shares. Amid the current crypto downturn, the purchase price